Provident Financial Group, Inc. Announces Shareholder Approval of Merger with National City Corporation
May 20 2004 - 11:43AM
PR Newswire (US)
Provident Financial Group, Inc. Announces Shareholder Approval of
Merger with National City Corporation CINCINNATI, May 20
/PRNewswire-FirstCall/ -- Provident Financial Group, Inc. announced
today that its shareholders have voted to approve the company's
previously announced merger with National City Corporation. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030424/PFGLOGO ) The merger
was approved by 99.05 percent of the shares voting, representing
83.97 percent of Provident's outstanding shares. 0.86 percent of
the shares, representing 0.73 percent of Provident's outstanding
shares, voted against the merger. The merger also requires approval
by the Federal Reserve Board, and is expected to close near the end
of the second quarter or at the beginning of the third quarter of
2004. About Provident Financial Group, Inc. Provident Financial
Group, Inc. (NASDAQ:PFGI) is a bank holding company located in
Cincinnati, Ohio. Its main subsidiary, The Provident Bank, provides
a diverse line of banking and financial products, services and
solutions through retail banking offices located in Southwestern
Ohio and Northern Kentucky, and through commercial lending offices
located throughout Ohio and surrounding states. At March 31, 2004,
Provident Financial Group had $16.7 billion in assets. About
National City Corporation National City Corporation (NYSE:NCC),
headquartered in Cleveland Ohio, operates an extensive banking
network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan,
Missouri and Pennsylvania, and also serves customers in selected
markets nationally. Its core businesses include commercial and
retail banking, consumer finance, asset management, mortgage
financing and servicing, and payment processing. At March 31, 2004,
National City Corporation had $111.7 billion in assets. For further
information, please contact Media Chris Kemper Public Relations
Manager 513-579-2248 Investors Patricia Forsythe Investor Relations
513-345-7102 or 800-851-9521
http://www.newscom.com/cgi-bin/prnh/20030424/PFGLOGO
http://photoarchive.ap.org/ DATASOURCE: Provident Financial Group,
Inc. CONTACT: Media, Chris Kemper, Public Relations Manager,
+1-513-579-2248, or , or Investors, Patricia Forsythe, Investor
Relations, +1-513-345-7102, or +1-800-851-9521, or , both of
Provident Financial Group, Inc. Web site:
http://www.providentbank.com/ Company News On-Call:
http://www.prnewswire.com/comp/721925.html
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