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Not quite canned

6 November 2009 By Antony Currie

The megabank is hiving off the insurer, one of Sandy Weill s first acquisitions. But it s not a clean break. Citi is keeping much of Primerica s earnings and will remain a major shareholder for now. It s a fittingly complex way to mark the dismantling of Citi s sprawling empire.

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