BB&T to buy SunTrust in biggest U.S. bank deal in a decade

February 7, 2019 admin Business News Comments Off on BB&T to buy SunTrust in biggest U.S. bank deal in a decade

BB&T Corp will buy SunTrust Banks Inc for about $28 billion in an all-stock deal, the regional lenders said on Thursday, creating the sixth largest U.S. lender in the biggest bank deal since the 2007-2009 financial crisis.

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Source:: Reuters – Business News