Wachovia, Others Explore Purchase of Auto Finance Firm WFS

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003571-wachovia-others-explore-purchase-of-auto-/

Wachovia Corp is considering buying independent auto-finance company WFS Financial Inc., the Wall Street Journal reported on Tuesday.

A completed deal could come over the next few days, the newspaper cited people familiar with the matter as saying.

Another suitor, however, may win Irvine, California-based WFS, which originates, securitizes and services loans through 8,300 auto dealers.

For this complete story, please visit Wachovia, others explore WFS purchase.

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