Changes are in store for RCN Corp.

A private equity firm is buying the Internet and cable service provider for $1.2 billion.

The sale to Abry (A-bree) Partners is expected to be completed within the second half of the year. No word from RCN on what effect the acquisition will have on customers or the company work force. Based in Virginia, RCN has reported 14 consecutive quarterly net losses.

There’s a new bank in town.

PNC Bank will hold a grand opening Saturday, March 20, at its new Lower Nazareth Township branch.

The branch, in front of the new Target off Route 248, will hold a community celebration from 10 a.m. to 2 p.m. Eagles kicker David Akers will sign autographs from noon to 2.