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NOT A SUBSCRIBER?Citi considers reverse stock splitPosted on March 19, 2009 2:13 PM
Citigroup Inc. said Thursday that it may conduct a reverse stock split as part of an exchange offer that could give the U.S. government a 36% stake in the bank.
The beleaguered financial services giant said it also plans to seek shareholder support to increase the number of shares outstanding. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
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