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Rome, GA

SunTrust on JP Morgan's acquisition wish list

06/27/08
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From the Atlanta Business Chronicle

JP Morgan Chase is looking to acquire Atlanta-based SunTrust Banks Inc., or several other banks, according to a New York Post story Thursday citing unnamed people familiar with the situation.

New York-based JP Morgan also is considering buying Washington Mutual, PNC Bank, Wachovia Corp. and US Bancorp, sources told the New York daily. The story said JP Morgan was most interested in WaMu and SunTrust.

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