Monday, June 25, 2007

Wachovia gets antitrust OK for A.G. Edwards

(Reuters) - Last month, Wachovia said it would buy A.G. Edwards to
create the second-largest U.S. retail brokerage in an effort to
win more business from aging baby boomers.




A.G. Edwards is the largest independent U.S. brokerage,
with 6,618 brokers and $374 billion of client assets. Wachovia
Securities has 8,166 brokers and $773 billion of client
assets.


Read more at Reuters.com Mergers News

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