[ Reuters: Top News] Wells bids $16 billion for Wachovia, scuffles with Citi

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[ Reuters: Top News] Wells bids $16 billion for Wachovia, scuffles with Citi

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NEW YORK (Reuters) - Wells Fargo & Co agreed to buy Wachovia Corp for about $16 billion, catapulting it into the top ranks of U.S. consumer banking and upstaging a government-backed Citigroup Inc bid for the troubled bank.




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