UPDATE 1-Westcorp says in talks over possible deal

Newswire

(Adds details) PHILADELPHIA, Aug 23 (Reuters) - Financial services holding company Westcorp said on Tuesday it is in talks over a possible merger deal that could replace a slow-moving plan to convert and combine various pieces of its business. Westcorp, which provides automobile financing through majority-owned subsidiary WFS Financial and does commercial banking through its Western Financial Bank unit, said it had made no decisions as to whether any business combination would be in the ...

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