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Citigroup, Morgan Stanley Talk About Merging Units

Citigroup and Morgan Stanley negotiate possible deal as Robert Rubin resigns post at Citi

Citigroup shares fell 41 cents, or 5.7 percent, to $6.75. Morgan Stanley shares were up 24 cents to $19.06.

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AP Business Writer Ieva Augstums in Charlotte, N.C., contributed to this report.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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