Community | October 05, 2008 | 0 comments

Wells Fargo blocked from buying Wachovia

source: http://news.yahoo.com/s/ap/20081005/ap_on_bi_ge/wells_fargo_wachovia

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The fight over control of Wachovia intensified Saturday, as a judge temporarily agreed to block the sale of the bank by Wells Fargo, Citigroup announced in a news release.

State Supreme Court Justice Charles Ramos issued the order blocking the sale of Wachovia Corp., which Wells Fargo & Co. had agreed to purchase in a $14.8 billion deal.
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    Economy,  Financial Crisis,  Bank,  Wachovia,  1 more
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