Nat'l City expects it wouldn't be told to sell branches. (National City Corp.; on proposed acquisition of Ameritrust Corp.)(includes related article on Ameritrust capital branches)

Crain's Cleveland Business,  May, 1991  by Shingler, Dan

Tags: acquisition, bank, merger, National City Corp.

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Nat'l City expects it wouldn't be told to sell branches Despite the hopes of other banks trying to expand here, a merger of National City Corp. and Ameritrust Corp. may not put any extra branches or deposits on the market, according to National City deputy chairman William Robertson. "We don't want to buy it to sell it," Mr.

Robertson said. But it'll be up to the Federal Reserve Board and the U.S. Department of Justice as to whether National City could keep its whole prize should a merger occur. If they decide National City would be too dominant a player with ...

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