ATLANTA (AP) - Wells Fargo & Co. says it has completed its $12.7
billion all-stock purchase of Wachovia Corp.
The purchase creates a coast-to-coast bank and it gives Wells Fargo a banking presence in Southeastern states, including Alabama, for the first time.
There do not appear to be any plans to immediately change the Wachovia name to Wells Fargo. A November regulatory filing said the
plan to integrate Wells Fargo and Wachovia operations was still being developed.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.