Monday, April 9, 2007

Citigroup in talks to buy Pandit's Old Lane: sources

(Reuters) - Citi declined to comment. Old Lane didn't return calls.

The talks are complicated since they involve an acquisition and management changes and can still break down, sources said. There is some speculation Citi wants to work out a deal before it reports first-quarter results next Monday or holds its annual meeting next Tuesday.


Read more at Reuters.com Business News

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