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15%  
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Keyword: nationalcitybank

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  • Wachovia and National City holders approve takeovers

    12/26/2008 8:42:33 PM PST · by rabscuttle385 · 4 replies · 607+ views
    Reuters ^ | 2008-12-23 | Paritosh Bansal
    NEW YORK (Reuters) - Wachovia Corp's shareholders approved the bank's takeover by rival Wells Fargo & Co on Tuesday, bringing one of the largest mergers stemming from the financial crisis near to completion. Separately, regional bank PNC Financial Services Group Inc said its planned takeover of National City Corp was approved by shareholders of both banks and is expected to close by December 31.