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S&P Corrects Omissions In PNC Financial Ratings
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NEW YORK (AP) — Standard & Poor's Ratings Services said Wednesday it corrected its ratings on subsidiaries of PNC Financial Services Group Inc.
The changes follow the Pittsburgh-based bank's acquisition last fall of Cleveland-based National City Corp. for $5.6 billion. S&P said several legal-entity mergers associated with the acquisition were not reflected at the time the transaction closed.
S&P described the following changes: ...
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