Reuters: PNC to buy ailing National City for $5.6 billion

[chris]

PNC to buy ailing National City for $5.6 billion
      

NEW YORK (Reuters) - PNC Financial Services Group Inc  agreed to buy ailing National City Corp  in a government-supported $5.6 billion deal to rescue the large Ohio lender and create the No. 5 U.S. bank by deposits.</p><div class="feedflare">
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