10:18 AM EST - Royal Bank of Canada : and the PNC Financial Services Group, Inc. and Royal Bank of Canada today announced that they have signed a definitive agreement for PNC to acquire RBC Bank (USA), the U.S. retail banking subsidiary of Royal Bank of Canada, for $3.45 billion, or a $112 million discount to tangible book value. Royal Bank of Canada
shares T.RY are trading up $0.18 at $54.51.
