[ Reuters: Top News] Wachovia bank in talks to be bought: sources
Posted: Sun Sep 28, 2008 7:30 pm
NEW YORK (Reuters) - Wachovia Corp is in talks with rivals to be taken over, sources familiar with the situation said on Sunday, after the U.S. bank's shares fell 27 percent on Friday due to ongoing concerns about its portfolio of illiquid mortgage assets.
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