KeyCorp announced Wednesday that it may buy shares of McDonald & Co. Investments Inc. as part of its acquisition of the firm.

The banking company, which agreed June 15 to buy McDonald, said such share purchases would be in addition to its previously announced repurchases of its own common shares. KeyCorp had previously indicated that it would repurchase up to 50% of the shares to be issued in connection with the McDonald acquisition.

With KeyCorp buying stock owned by McDonald shareholders, McDonald's shareholders stand to reap financial benefits from the merger more quickly. The merger, which shareholders in both companies have approved, has been in some jeopardy because KeyCorp's share price has fallen since the deal was announced.

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