Report title: PNC to Acquire National City Summary
from Thomson StreetEvents
27 page (11066 word) report published Oct 24, 2008

Price $54.00 available for immediate download
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Abstract: Edited Brief of PNC M&A conference call or presentation, 24-Oct-08 10:00am ET

Brief Excerpt: ...Co. reported, on 10/24/08, that it has announced a compelling transaction. By acquiring National City, PNC will be building a deposit franchise that will be fifth largest in US. National City shareholders will be receiving 0.0392 shares of PNC common stock for each share of National City, or $2.23 a share based on closing price on 10/23/08 and $384m in cash. ...

Report Type: Brief
Source: Thomson StreetEvents
Company: PNC Financial Services Group
Ticker: PNC
Time: 10:00am ET
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