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PNC Bank Bids $5.6 Billion for National City Corp.

Before the Friday’s opening bell, PNC bank has announced that it will buy National City Corp. for $5.6 billion. National City has been in trouble for[...] read more »
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National City's 3Q loss widens, job cuts planned

National City reports bigger-than-expected 3rd-quarter loss, plans to cut 4,000 jobs read more »
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National City Deal Leaves Some Analysts Puzzled

National City’s sale to PNC Financial Services Group has surprised some Wall Street analysts who did not see an immediate catalyst for the sale given[...] read more »
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Where To Go From Here With PNC / National City

PNC has offered a 3 month trial, however, both the NACA and I had requested a more restructured payment based on "a tight and realistic budget".
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