Wachovia Agrees to Acquire Westcorp (AP)
12th Sep 2005, 22:45 GMT
AP - Wachovia Corp. said Monday it will pay $3.42 billion for Westcorp, owner of one of the largest independent U.S. auto finance companies, making Wachovia the ninth-largest auto loan company.
Latest news from Yahoo! News: Business:
- Berkshire cuts Ameriprise stake to 6 percent (Reuters)
- Clear Channel bids due Monday: sources (Reuters)
- Foundation blocks Arcelor Mittal's sale of Dofasco (Reuters)
- Volvo to cut 1,000 staff at Virginia plant (Reuters)
- Stock futures signal flat open (Reuters)
- Eddie Bauer agrees to be bought for $286 million (Reuters)
- Ex-KB Home chief reaped big riches in housing boom (Reuters)
- Clear Channel bids due Monday: sources (Reuters)
- American Express to buy Harbor Payments (Reuters)
- Asia summit pushes WTO talks, free trade (AP)