Struggling National City looks to sell itself

National City is looking to sell itself as it struggles to remain viable in the face of mounting mortgage-related losses and a nose-diving stock price.  The company has vigorously tried to stave off the effects of souring loans apparently to little avail.  (h/t Don)  I wonder if they'll get more than $2/share out the initial offer?  They'll likely not get $10 as their stock price hovers around $9.90 at the time of this posting. From the MSNBC story on National City looking to sell itself: CLEVELAND - A day after National City Corp. said it was considering strategic options a report said the struggling bank, hurt by the worsening mortgage and housing market, could sell itself to another Cleveland-based bank. The Wall Street Journal, citing people familiar with the matte