Federal Reserve Board approves BB&T, SunTrust deal with conditions
The Federal Reserve Board approved the merger of BB&T Corp. and SunTrust Banks, which includes the divestiture of 30 bank branches First Horizon will purchase.
There are 3 article(s) tagged BB&T Corp.:
The Federal Reserve Board approved the merger of BB&T Corp. and SunTrust Banks, which includes the divestiture of 30 bank branches First Horizon will purchase.
BB&T shareholders approved the merger of equals between BB&T and SunTrust and Truist Financial Corporation as the new name of the combined company on BB&T Wednesday.
SunTrust Banks and BB&T announced Thursday that BB&T will purchase SunTrust for $28.24 billion in an all-stock deal.
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