Date:04/10/2008 URL: http://www.thehindu.com/2008/10/04/stories/2008100450140100.htm
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Citi deal off, Wells to buy Wachovia

AP

NEW YORK: Wells Fargo & Co. on Friday said it reached a deal to buy Wachovia Corp for about $15.1 billion, after Citigroup’s attempt to buy Wachovia’s banking assets was called off.

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