Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating COVID-19
PYMNTS
NOVEMBER 16, 2020
US Economic Forecasts Grim Amid Escalating COVID-19. Fears of economic freefall are mounting as the U.S. FTC, Lawmakers Turn Sour On M&A; Could Innovation Suffer? Perhaps outright bans on mergers. In today’s top news, PNC will acquire BBVA’s U.S. unit for $11.6 PNC Advances $11.6B BBVA Record Purchase Deal.
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