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German government moves to nationalize bank

The German government moved Thursday to nationalize the stricken Hypo Real Estate bank. It has offered €1.39 ($1.84) per share in what will be the country’s first nationalization since World War II

Posted byadminApril 9, 2009Posted inDaily NewsTags: announced-plans, are-anticipated, bank-received, country, estate, financial, gives-it-the, government, government-has, jobs, jobs-by-201, power, stricken, that-it-planned, whose-collapse
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