Tuesday, June 22, 2004

BBC NEWS | Business | US bank in $14bn takeover deal

BBC NEWS | Business | US bank in $14bn takeover deal: "The US banking industry has seen its latest round of consolidation after Wachovia agreed to buy SouthTrust for $13.7bn"

Wachovia continues its push to be a truly national bank with the announced acquisition of SouthTrust. The deal will move Wachovia strongly into the mid couth (Texas). Additionally it will save money by the elimination of

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