Acquisition History / PNC Financial Corporation / Central Bancorp.
PNC Financial Corporation Acquires Central Bancorp.
Announced January 1987 — $700M
What happened
Central Bancorp. was a company, acquired by PNC Financial Corporation for Nearly $700 million.
- Acquirer
- PNC Financial Corporation
- Target
- Central Bancorp.
- Announced
- January 1987
- Price
- $700M
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did PNC Financial Corporation acquire Central Bancorp.?
PNC Financial Corporation acquired Central Bancorp. on January 1987. This was PNC Financial Corporation's 1st publicly tracked acquisition out of 1 we have on record.
How much did PNC Financial Corporation pay for Central Bancorp.?
PNC Financial Corporation paid $700M for Central Bancorp..
What does Central Bancorp. do?
Central Bancorp. was a company, acquired by PNC Financial Corporation for Nearly $700 million.