Tag Archive | "buyout"

Wells Fargo Trumps Citigroup’s Offer to Buy Wachovia

Friday, October 3, 2008

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Wells Fargo Trumps Citigroup’s Offer to Buy Wachovia

Wells Fargo Agrees to Buy all of Wachovia for about $15.1 billion in stock, keeping Wachovia intact and needing no U.S. assistance. Citigroup offered to buy Wachovia’s Banking operation for $2.16 billion, which would relied on financial backing from the FDIC and leave behind the A.G. Edwards Inc. brokerage and the Evergreen mutual-fund family. . . What does [...]

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JPMorgan Chase buys troubled Washington Mutual(WaMu)

Friday, September 26, 2008

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JPMorgan Chase buys troubled Washington Mutual(WaMu)

As we reported yesterday, WaMu posted an increase in their savings account APY to 4.00%. We called this a sign of desperation. It was announced late Thursday night, JPMorgan Chase will buy Washington Mutual for $1.9 Billion, marking this the biggest bank failure in the nation’s history! WaMu is the 13th bank to fail so far [...]

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What happens to a company’s stock if they are bought out?

Friday, February 1, 2008

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In the news today Microsoft offered to buy Yahoo! for $44.6 billion. If you had shares of Yahoo what would happen to those. Also if this happens will this positively affect Microsoft’s stock? http://seattlepi.nwsource.com/local/6420ap_microsoft_yahoo_summary_box.html JPMorgan Chase buys troubled Washington Mutual(WaMu) Wells Fargo Trumps Citigroup’s Offer to Buy Wachovia

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