The $66 billion bank merger between BB&T Corp. and SunTrust Banks Inc.— the largest in more than a decade — will have wide-reaching effects, including for jobs. Although the banks called it a merger of equals, BB&T (NYSE: BB&T) will buy SunTrust (NYSE: STI) for $28.24 billion in an all-stock deal, creating the nation’s sixth-largest bank. The combined headquarters will be located in Charlotte, North Carolina. SunTrust CEO William ‘Bill’ Rogers and BB&T CEO Kelly S. King told CNBC…
from https://www.bizjournals.com/baltimore/news/2019/02/07/suntrust-and-bb-t-ceos-on-merger-client-facing.html?ana=RSS&s=article_search
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