National City Shareholders Sue Over Pnc Sale

Summary


CLEVELAND - National City Corp. shareholders have filed about a dozen lawsuits in courts in Delaware, Cuyahoga County and elsewhere, opposing the pending sale of the Cleveland-based bank to PNC Bank.

National City is being acquired by Pittsburgh-based PNC Financial Services Group Inc. for $5.6 billion. Shareholders of National City and PNC will get a chance to vote on the proposed sale at meetings scheduled for Dec. 23.

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Extract


National City Shareholders Sue Over Pnc Sale

Former Ohio Attorney General Marc Dann represents a shareholder ...

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