In Brief: National City to Complete Two Big Deals Today

National City Corp. said its acquisitions of First of America Bank Corp. and Fort Wayne National Corp. have both received approval from shareholders and were expected to be completed today.

The approvals came at separate annual shareholder meetings of the three companies, National City said.

The directors of the Cleveland bank holding company authorized the repurchase of up to $160 million of stock in connection with the acquisition of Fort Wayne National. The repurchase authority will expire upon consummation of the merger with First of America, leaving National City with no outstanding share repurchase authorizations.

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