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In just six years, the Wachovia Championship established itself as one of the premier events on the PGA Tour. It featured one of the best golf courses in Quail Hollow, which attracted Tiger Woods, Phil Mickelson and a host of other world-class players. The gallery was among the largest on tour. Tournament officials couldn't print tickets fast enough. For now, it's a good thing they didn't print any at all. The tournament that seemed to have it all, suddenly had no title sponsor. The staff came to work Sept. 29 only to learn that bidding was under way between Citigroup and Wells Fargo to acquire the banking operations of Charlotte, N.C.-based Wachovia, which earlier this year signed a contract extension with the PGA Tour through 2014. On Friday, federal antitrust regulators cleared Wells Fargo's $11.7 billion acquisition of... [read full story]
