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Wells Fargo plans $10 billion stock offering
NEW YORK - Wells Fargo & Co. said Wednesday that it will sell $10 billion worth of common stock in a public offering expected to price after the market closes on Thursday.
Nations:U.S. Activities:2008 Wachovia Deal
2008-11-05
Wachovia 3Q loss paves way for Wells deal
NEW YORK - How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself for its acquisition by Wells Fargo.
Nations:U.S. Activities:2008 Wachovia Deal Source:(AP)
2008-10-22
Wachovia reports $23.9 billion loss
NEW YORK (Reuters) - Wachovia Corp on Wednesday posted a $23.9 billion third-quarter loss, a record for any U.S. lender in the global credit crisis, underscoring the challenges Wells Fargo & Co will face after it acquires the big lender.
Nations:U.S. Activities:2008 Wachovia Deal Source:(Reuters)
2008-10-22
Fed approves Wells Fargo takeover of Wachovia
The US Federal Reserve has approved Wells Fargo's takeover of troubled banking rival Wachovia, a deal which would create the largest bank branch network in the United States.
Nations:U.S. Activities:2008 Wachovia Deal Source:(AFP)
2008-10-13
Wells Fargo plans to buy Wachovia; Citi ends talks
Wells Fargo emerged as the apparent victor in the battle for control of Wachovia Thursday night, after rival suitor Citigroup broke off talks with Wells Fargo and federal regulators but vowed to have its day in court.
Nations:U.S. Activities:2008 Wachovia Deal
2008-10-09
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