MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 28, 2010 The PNC Deal Could Come Next Week. What Will the Price Tag Be? Last week, The MFWire broke the news (click here to read the January 19 article) that PNC Global Investment Servicing (PNC GIS, formerly known as PFPC) is on the block and that Bank of New York Mellon is one of the bidders. This afternoon, The Wall Street Journal reported that BNY Mellon is in "final-stage" talks to buy the PNC unit for close to $2.5 billion, and that a deal could be announced as soon as next week. Printed from: MFWire.com/story.asp?s=24041 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |