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High Quality Content by WIKIPEDIA articles! High Quality Content by WIKIPEDIA articles! The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 after National City became a victim of the subprime mortgage crisis. The deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based.

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High Quality Content by WIKIPEDIA articles! High Quality Content by WIKIPEDIA articles! The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 after National City became a victim of the subprime mortgage crisis. The deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based.