SunTrust Banks, BB&T to merge in $66 billion all-stock deal
SunTrust Banks and BB&T Corp. announced Thursday that BB&T will purchase SunTrust for $28 billion in an all-stock deal, creating the sixth-largest U.S. bank based on assets and deposits. (Daily Memphian file)
SunTrust Banks and BB&T announced Thursday that BB&T will purchase SunTrust for $28.24 billion in an all-stock deal.
Topics
BB&T Corp. SunTrust Banks Inc.Natalie Pilgrim
Natalie Pilgrim is a Memphis native and a graduate of the University of Memphis. She is a digital producer for The Daily Memphian.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.