Business-Line Deals Heat Up as M&A Stays Stalled

Horwitz, Jeff
February 2010
American Banker;2/11/2010, Vol. 175 Issue 23, p8
Trade Publication
The article discusses vigorous activity in the sale of business lines by U.S. firms. Among many deals have been the sale of Wilshire Credit Corp. by Bank of America Corp., and the sale by PNC Financial Services Group inc. of its investment-servicing operations. Business lines that can generate immediate cash flow are particularly attractive targets.


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