Wells Fargo agrees to buy Wachovia, Citi objects - East Valley Tribune: Business

Wells Fargo agrees to buy Wachovia, Citi objects

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Posted: Friday, October 3, 2008 10:01 am | Updated: 8:37 pm, Fri Oct 7, 2011.

 NEW YORK - Wachovia says it agreed to be acquired by San Francisco-based Wells Fargo & Co. in a $15.1 billion all-stock deal. But Citigroup now demands that Wachovia abide by the terms of its earlier deal to buy Wachovia's banking operations.

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