JPMorgan Chase to Acquire Citicorp Electronic Financial Services Inc.
Publication: Business Wire
Publication Date: 26-NOV-03
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J.P. Morgan Chase & Co. (NYSE: JPM) today announced an agreement to acquire Citicorp Electronic Financial Services Inc. (CEFS), a subsidiary of Citigroup for $380 million in cash. JPMorgan Chase is targeting a 4th quarter 2003 close for the acquisition.
CEFS is...
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