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>> WELLS FARGO Latest News

FEB 25, 2013 - TheStreet

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Buffett's Buyout Business Is a Risk for Wells Fargo (Update 1)

Updated to include Wells Fargo comments NEW YORK (TheStreet) -- Wells Fargo struck Wall Street gold when it won a key advisory and financing mandate on Berkshire Hathaway and 3G Capital's $28 billion acquisition of ketchup maker Heinz. While Wells Fargo's advisory work on the buyout and a key role in underwriting the $14.1 billion in debt needed to finance the deal could indicate the benefits of having Berkshire and its head, Warren Buffett, as a top shareholder, it also creates new risks, according to ratings agency Moody's. ... Click to view a price quote ... Read More

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