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7.7 billion shares of Citibank for sale

Trading > Calculated Risk

Report: U.S. Discussing Selling Citi Shares

Calculated Risk... | Tue, 09/15/2009 - 12:35pm | 7.7 billion shares of Citibank for sale, Citi, Citibank, selling the Citi, Treasury, US owned Citibank |  6 comments

From Bloomberg: U.S. Said to Explore Selling Stock Acquired in Citigroup Rescue (ht jb) Bloomberg is reporting that the Treasury and Citigroup are discussing how the U.S. can sell the 34 percent stake (7.7 billion shares) that the U.S. acquired as part of the bailout. At $4.50 per share, the U.S. s ... Read more