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PNC Bank To Acquire Trout Group, LLC.

Published 11/27/2017, 11:14 AM
© Reuters.  PNC Bank To Acquire Trout Group, LLC.
PNC
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  • PNC Bank (NYSE:PNC) entered into a definitive agreement to acquire the Trout Group, LLC.
  • Upon the close of the acquisition, Solebury Communications, a wholly-owned subsidiary of PNC will merge into Trout renaming the merged firm as Solebury Trout Communications.
  • Solebury Trout will retain the Founder/CEO of Trout, Jonathan Fassberg, as well as the rest of Trout's existing team.
  • The deal is expected to close in late December. The terms of the deal will not be disclosed.
  • Now read: Shizuoka Bank Ltd. (THE) ADR 2018 Q2 - Results - Earnings Call Slides


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