Mixed Valence Quasiparticles in CuO$\text{}_{2}$ Planes

The motion of a single hole doped to a CuO$\text{}_{2}$ plane of a high temperature superconductor is described by a spin-fermion model which treats explicitly the hybridization with the upper Hubbard band. One finds that sectors of Zhang-Rice bound states coexist with reasonably damped oxygen and copper-like quasiparticles, with a considerable transfer of the spectral weight to the upper Hubbard band. The oxygen states have small dispersions and can be identified in the angle-resolved photoemission experiments for Bi$\text{}_{2}$Sr$\text{}_{2}$CaCu$\text{}_{2}$O$\text{}_{8}$.