© 2024 Ideastream Public Media

1375 Euclid Avenue, Cleveland, Ohio 44115
(216) 916-6100 | (877) 399-3307

WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
News
To contact us with news tips, story ideas or other related information, e-mail newsstaff@ideastream.org.

Shareholders Okay the Sale of National City Bank

Shareholders for both companies approved the deal this morning in separate votes.The 163-year old Cleveland institution is the first to be acquired with money made available in the government's 700 billion dollar bailout.

PNC is buying National City for $5.6 billion dollars. The sale is expected to be final by the end of the year.

Tags
David C. Barnett was a senior arts & culture reporter for Ideastream Public Media. He retired in October 2022.