Bidders for First Security, Wells Branches Must Wait

SAN FRANCISCO - Winning bidders for branches and deposits to be divested by Wells Fargo & Co. and First Security Corp. should be announced early this month, somewhat later than had been planned.

The divestiture of 37 branches in Utah, Nevada, Idaho, and New Mexico was required as part of Wells Fargo's pending acquisition of First Security, of Salt Lake City. Wells Fargo, which is based in San Francisco, said earlier that it had hoped to announce the winners by the end of August.