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Wachovia Acquiring A.G. Edwards in $6.8B Deal

Combined Firm will Manage $1.1-Trillion in Client Assets
By Sasha M Pardy
May 31, 2007 | 8:30 P.M.

Wachovia Corp., the nation's fourth-largest financial services firm, will buy St. Louis-based investment advisor network A.G. Edwards for $6.8 billion and pair it with its Wachovia Securities retail brokerage affiliate to create a firm with $1.1 trillion in client assets and nearly 15,000 financial advisors.

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