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SF investment bank sold

Tuesday, Sept. 28, 1999 | 11:52 a.m.

THE ASSOCIATED PRESS

NEW YORK -- Chase Manhattan Corp., the nation's third-biggest banking company, is buying the investment banking firm Hambrecht & Quist of San Francisco for $1.35 billion in cash.

The deal, announced today, will give Chase broad securities underwriting capabilities and enable it to offer companies a wider range of financial services.

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