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Oct 24, 2008 · After closing, PNC intends to merge National City's banking affiliates into PNC Bank and they will assume the PNC Bank name. The merged entity will have its headquarters in Pittsburgh. Based on PNC's closing NYSE stock price of $56.88 on October 23, 2008, the transaction values each share of National City's common stock at $2.23.
Its efficient and automated banking services established NCB as one of the leading banks in Cuyahoga County. The formation of a bank holding company, National City Corporation, in 1973 enabled the bank to extend its services. By 1984, NCC became the state's largest holding company. Four years later, NCC became an interstate bank with ...
PITTSBURGH, Oct. 24 / PRNewswire-FirstCall / -- The PNC Financial Services Group, Inc. (NYSE: PNC) and National City Corporation (NYSE: NCC) today announced that they have signed a definitive agreement for PNC to acquire National City for $2.23 per share, or an aggregate fixed amount of approximately $5.2 billion in PNC stock.
Oct 24, 2008 · PNC Financial Services Group Inc <PNC.N> agreed to buy ailing National City Corp <NCC.N> in a government-supported $5.6 billion deal to rescue the large Ohio lender and create the No ...
National City Corp. National City Corporation provides financial services. The Company offers commercial and retail banking, asset management, mortgage financing, and processing services. Elon ...
National City Corporation was a regional bank holding company based in Cleveland, Ohio, founded in 1845; it was once one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit. Subsidiary National City Mortgage is credited for doing the first mortgage in America. The company operated through an extensive banking network primarily in Ohio, Illinois ...
National City Corporation stock chart. Rankings. 100 Best Companies; Fortune 500; Global 500; Fortune 500 Europe; Most Powerful Women; Future 50; World’s Most Admired Companies; See All Rankings;
