PITTSBURGH, May 4 /PRNewswire-FirstCall/ -- F.N.B. Capital
Corporation, a Pittsburgh-based
merchant banking subsidiary of F.N.B. Corporation (NYSE: FNB),
today announced the successful exit of its $3.5 million mezzanine financing with Realpoint,
LCC, a Nationally Recognized Statistical Ratings Organization
(NRSRO) that specializes in structured finance. F.N.B.
Capital Corporation completed the $3.5
million investment with Realpoint, LLC in November 2007. On March 19, 2010 Morningstar, Inc. (Nasdaq: MORN),
a leading provider of independent investment research, entered into
a definitive agreement to acquire Realpoint, LLC for $52 million. The transaction closed on
April 30, 2010.
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For more information about F.N.B. Capital Corporation, visit
www.fnbcapital.com
About F.N.B. Capital Corporation, LLC
F.N.B. Capital Corporation, LLC is headquartered in Pittsburgh, PA. A subsidiary of F.N.B.
Corporation, it specializes in providing subordinated debt, private
equity, and other types of financial capital to small and medium
sized commercial enterprises, focusing on recapitalizations,
buyouts, generational transitions, mergers and acquisitions, and
other growth capital needs.
About F.N.B. Corporation
F.N.B. Corporation, headquartered in Hermitage, PA, is a diversified financial
services company with total assets of $8.8
billion as of March 31, 2010.
F.N.B. Corporation is a leading provider of commercial and retail
banking, leasing, wealth management, insurance, merchant banking
and consumer finance services in Pennsylvania and Ohio, where it owns and operates First
National Bank of Pennsylvania,
First National Trust Company, First National Investment Services
Company, LLC, F.N.B. Investment Advisors, Inc., First National
Insurance Agency, LLC, F.N.B. Capital Corporation, LLC, Regency
Finance Company and F.N.B. Commercial Leasing. It also operates
consumer finance offices in Tennessee and loan production offices in
Pennsylvania and Florida.
The common stock of F.N.B. Corporation trades on the New York
Stock Exchange under the symbol "FNB". Investor information is
available on F.N.B. Corporation's Web site at
www.fnbcorporation.com.
SOURCE F.N.B. Capital Corporation