Citigroup, Wells Fargo extend standstill on Wachovia
Wachovia, Citigroup and Wells Fargo & Co. have extended the standstill in their legal tussle over Wachovia through Friday morning.
Wachovia is close to a deal to sell itself to either Wells Fargo or Citigroup, with encouragement from the Federal Reserve and Treasury Department, who must've had a busy weekend.