“The sign survived several ownership changes. Philadelphia National
Bank became CoreStates Bank, which was later bought by First Union. And then First Union merged with Wachovia.
In 2005, it was reported that Wachovia obtained city permission to remove the PNB letters, but the change did not take place.
The PNB letters have been a skyline fixture for six decades.
That will end Sunday morning.
The Philadelphia Business Journal reported in May that the building was purchased for $68 million by Aion Partners in New York in a venture with an unnamed insurance firm in Israel..”
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~ Iconic Philadelphia letters coming down (via philly.com)