Bank of NY acquisition unit gets antitrust OK

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Bank of NY acquisition unit gets antitrust OK (3/10/2010)

Federal antitrust regulators on Wednesday cleared Bank of New York Mellon Corp.'s $2.3 billion purchase of PNC Financial Services Group's investment services division.The sale of the division was announced last month, the same day PNC Financial said it would pay back $7.6 billion in bailout funds from the federal government.The Federal Trade Commission included the deal on a list release Wednesday of transactions that received an "early termination" of their antitrust reviews. Early termination

Source:	Crains
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