For the win-win result, we have the proposals as mentioned the Wells Fargo was willing to buy all of Wachovia for $7 per share, so have the rights to receive dividends of Wachovia more than Citigroup 10% (60%) and Citigroup would get 40% of dividends. Share was divided into two parts, the Wells Fargo have one part and the Citigroup also have one part. Two companies will have equal rights in executive company. If any company wants to discuss it can be held up the meeting in everyday.If a problem occurs, the FDIC would help solve the problem along with counseling and suggestion. Funding from other sources easily. Stable and reliable than the sole owner. To mobilizing diverse knowledge to help management are free.
In order to elevate or enhance the operations or demand for its resources fully by the joint venture.