financetom
Business
financetom
/
Business
/
BRIEF-PNC Announces Agreement To Acquire FirstBank, Significantly Growing Its Presence In Colorado And Arizona
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-PNC Announces Agreement To Acquire FirstBank, Significantly Growing Its Presence In Colorado And Arizona
Sep 8, 2025 5:11 AM

Sept 8 (Reuters) - PNC Financial Services Group Inc ( PNC )

:

* PNC ANNOUNCES AGREEMENT TO ACQUIRE FIRSTBANK,

SIGNIFICANTLY

GROWING ITS PRESENCE IN COLORADO AND ARIZONA

* PNC FINANCIAL SERVICES GROUP INC ( PNC ) - DEAL VALUED AT $4.1

BILLION

WITH PNC SHARES AND CASH

* PNC FINANCIAL SERVICES ( PNC ): AGGREGATE CONSIDERATION COMPRISED

OF

FIXED NUMBER OF ABOUT 13.9 MILLION SHARES OF PNC COMMON STOCK

AND $1.2 BILLION IN CASH

* PNC FINANCIAL SERVICES ( PNC ): UNDER DEAL, FIRSTBANK STOCKHOLDERS

ENTITLED TO ELECT TO RECEIVE MERGER CONSIDERATION IN PNC COMMON

STOCK OR IN CASH

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Starbucks names Mike Grams as operating chief in top brass shuffle to boost business
Starbucks names Mike Grams as operating chief in top brass shuffle to boost business
Jun 4, 2025
(Reuters) - Starbucks ( SBUX ) CEO Brian Niccol said on Wednesday North America chief stores officer Mike Grams would now be the chief operating officer of the coffee chain. In January, Starbucks ( SBUX ) announced its North America president Sara Trilling and chief supply chain officer Arthur Valdez would leave. Trilling's role was split, with former Taco Bell...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
MongoDB Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Fiscal 2026 Outlook Lifted -- Shares Up After Hours
MongoDB Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Fiscal 2026 Outlook Lifted -- Shares Up After Hours
Jun 4, 2025
04:24 PM EDT, 06/04/2025 (MT Newswires) -- MongoDB ( MDB ) reported fiscal Q1 non-GAAP diluted earnings late Wednesday of $1 per share, up from $0.51 a year earlier. Analysts polled by FactSet expected $0.66. Revenue for the quarter ended April 30 was $549 million, up from $450.6 million a year earlier. Analysts surveyed by FactSet expected $528.1 million. The...
CyberArk Software Plans Private Offering of $750 Million of Convertible Senior Notes Due 2030
CyberArk Software Plans Private Offering of $750 Million of Convertible Senior Notes Due 2030
Jun 4, 2025
04:21 PM EDT, 06/04/2025 (MT Newswires) -- CyberArk Software ( CYBR ) plans to offer $750 million of 0.00% convertible senior notes due 2030 in a private offering to qualified institutional buyers. Initial purchasers are expected to get a 13-day option to buy up to an additional $125 million of the notes, CyberArk said Wednesday in a statement. The company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved