Citigroup Stake Sold by Government for $10.5 Billion

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Dec. 7 (Bloomberg) -- The U.S. Treasury Department sold its remaining stock in Citigroup Inc. for $10.5 billion, bringing the country’s third-biggest bank a step closer to independence from the government following a $45 billion bailout in 2008. Bloomberg's Jon Erlichman reports. (Source: Bloomberg)

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