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Re: BBANBOB post# 433665

Wednesday, 08/26/2015 10:17:06 AM

Wednesday, August 26, 2015 10:17:06 AM

Post# of 730626
BBANBOB

From the true meaning of "premium", JWW is right because that's the normal operation per FDIC. However, from the study of deals between citi / Wachovia / WF, I realized that FDIC used the same terms -- premium, but FDIC did not mean it, and from JPM's understanding as well.

Citi wished to follow the same token to acquire Wachovia for $2.1B. Why WF would like to offer $15B instead, not $2.2B...., ????

I wish I could be wrong due to still holding a bunch of escrows.

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