Empresas y finanzas

Judge says hearing on Wachovia possible Monday

NEW YORK (Reuters) - A U.S. District Court Judge said there would be no hearing on Friday in the federal case over the rival bids of Citigroup and Wells Fargo & Co for Wachovia Corp after Citigroup dropped out of the deal on Thursday, according to court documents.

"I don't see any particular reason to attempt to hold a hearing in the course of the day before I understand what the facts are," Judge Lewis Kaplan of U.S. District Court in Manhattan said, according to a transcript of a telephone conference call with the parties. "Monday is a possibility."

Citigroup has said it would seek damages from Wachovia and Wells Fargo because it had an agreement with Wachovia before Wells Fargo stepped in with a higher offer last week.

A hearing in New York State Supreme Court was previously postponed to Tuesday from Friday in Citigroup's claim against the other two banks.

(Reporting by Grant McCool, editing by Gerald E. McCormick)

WhatsAppFacebookFacebookTwitterTwitterLinkedinLinkedinBeloudBeloudBluesky