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Fed Approves Wells Fargo / Wachovia Merger

This is a bit anticlimactic but coming tonight may help tomorrow

Press Release
Federal Reserve Press Release

Release Date: October 12, 2008
For immediate release

The Federal Reserve Board on Sunday announced its approval of the application and notice under sections 3 and 4 of the Bank Holding Company Act by Wells Fargo & Company (WFC), San Francisco, California, to acquire Wachovia Corporation and its subsidiary banks, Wachovia Bank (WB), National Association, both of Charlotte, North Carolina, and Wachovia Bank Delaware, National Association, Wilmington, Delaware, and the nonbanking subsidiaries of Wachovia Corporation.


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Disclosure (“none” means no position):Long WFC, none
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