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Bloomberg reports PNC Bank (PNC -1.9%) is close to beating out BB&T (BBT -1.1%) for a...

  • Friday, June 17, 2011, 10:04 AM ET
    Bloomberg reports PNC Bank (PNC -1.9%) is close to beating out BB&T (BBT -1.1%) for a deal to buy Royal Bank of Canada's (RY +1.7%) U.S. retail operations. No terms announced, but it's been estimated the unit could fetch $3.7B.
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