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Pittsburgh

Carnegie Mellon tuition to rise 3.2%PITTSBURGH — Tuition at Carnegie Mellon University in Pittsburgh is increasing by 3.2 percent for the 2016-2017 academic year.Vice President for Campus Affairs Michael Murphy told the campus in an e-mail the school’s board of trustees has approved the rate increase, which brings tuition to $51,196 a year for undergraduates entering this fall and for those who entered in the fall of 2013, 2014 and 2015.Undergraduates who came in the fall of 2012 will pay $50,690 a year. Graduate prices are set at the program level.Additional fees for all students include a $180 transportation fee and a $400 technology fee.

Shareholders OK bank takeoverPITTSBURGH — Shareholders have approved Pittsburgh-based FNB Corp.’s acquisition of Metro Bancorp.Thursday’s votes by shareholders of both companies means the parent company of First National Bank will merge with the Harrisburg-based parent of Metro Bank. The deal is expected to close Feb. 12.Under the deal, First National Bank is acquiring Metro Bank’s 32 branches, making FNB the largest regional banking chain in Pennsylvania.The all-stock transaction is valued at $474 million.

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