PNC Priority: Business Succession Planning

By TED SCHMIDTPNC Regional President PITTSBURGH, Pennsylvania — The year 2021 had its fair share of challenges brought on by continuing impacts from the pandemic. But last year also had several bright moments, including a soaring economy, an abundance of opportunities for job seekers and healthy portfolios that enabled early retirements. While rare, we also saw some business owners receive lucrative, unsolicited offers to buy their businesses. For example, one PNC client received a