US government to sell stake in Citigroup

30 Mar, 2010

The US Treasury Department on Monday announced it would sell its stake in Citigroup over the course of 2010, in what would be one of the largest stock sell-offs in history. The department said it intends "to fully dispose of its approximately 7.7 billion shares of Citigroup, Inc common stock over the course of 2010 subject to market conditions."

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