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Citi eyes selling businesses, other options: source

NEW YORK
Thu Nov 20, 2008 9:52pm EST
People walk past a Citibank branch in Shanghai, November 20, 2008. REUTERS/Aly Song

NEW YORK (Reuters) - Citigroup Inc is looking at multiple options as its share price sinks, including selling businesses, selling shares, or merging with another firm, a person familiar with the matter said.

Deals  |  Crisis in Credit  |  Economy

So far discussions regarding its options have been internal, the person said.

Citigroup's shares lost more than a quarter of their value on Thursday and half their value this week amid concerns about the bank's capital position.

(Reporting by Dan Wilchins; Editing by Gary Hill)
Deals
Crisis in Credit
Economy


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