Citigroup says it has completed the merger of its two intermediate bank holding companies, Citigroup Holdings Company and Citicorp, into Citigroup. As a result of the merger, Citigroup will assume all existing indebtedness and outstanding guarantees of Citicorp, and Citicorp will no longer file periodic reports with the Securities and Exchange Commission. The merger marks the last step in the company’s previously announced consolidation of capital markets funding activities.
Citicorp Disappears Into Citigroup
Citigroup says it has completed the merger of its two intermediate bank holding companies, Citigroup Holdings Company and Citicorp, into Citigroup. As a result of the merger, Citigroup will assume all existing indebtedness and outstanding guarantees of Citicorp, and Citicorp
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