<< Read Full Article
<< Read Full Article
Update: Citigroup to Buy Associates First
Updated from 2:09 p.m. EDT
Citigroup (C Quote) became the latest high-profile financial services firm to go shopping Wednesday when it said it had agreed to buy Associates First Capital (AFS Quote) for $31.1 billion in stock.
The deal significantly strengthens Citigroup's international businesses and follows on the heels of recent mergers in the finance sector, including Credit Suisse First Boston's buyout of Donaldson Lufkin & Jenrette(DLJ Quote) and UBS' acquisition of PaineWebber(PWJ Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet