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Reuters wins battle for Wachovia 10.03.2008 Reuters won the battle for troubled U.S. regional lender Wachovia – twice. Reuters beat everybody with alerts of the shock news on Oct. 3 that Wells Fargo had pushed aside Citigroup and concluded a deal to take over Wachovia for $16 billion, thwarting Citi’s government-backed bid. Then Reuters was first with news on Oct 9 that Citigroup had thrown in the towel and backed out of the battle for Wachovia Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

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Companies, sectors, M&A and the financial industry

Reuters wins battle for Wachovia

10.03.2008

Reuters won the battle for troubled U.S. regional lender Wachovia – twice. Reuters beat everybody with alerts of the shock news on Oct. 3 that Wells Fargo had pushed aside Citigroup and concluded a deal to take over Wachovia for $16 billion, thwarting Citi’s government-backed bid. Then Reuters was first with news on Oct 9 that Citigroup had thrown in the towel and backed out of the battle for Wachovia

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here