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PNC Financial Services Group (NYSE:PNC) To Sell Its Entire 22% Interest In BlackRock Inc. (NYSE:BLK)

PNC Financial Services Group (NYSE:PNC), which is BlackRock Inc.’s (NYSE:BLK) largest stockholder, has indicated that it will sell its stake of around $17.3 billion in the asset management company to fee up the bank to consider potential acquisitions. PNC is selling its 22% stake in BlackRock On Monday, Blackrock indicated that the Pittsburgh-based financial institution […]