Shareholders of SunTrust Banks Inc. and BB&T Corp. have approved the $66 billion merger of the two banking institutions. The approvals came in separate special called shareholder meetings July 30 in Atlanta and Winston-Salem, North Carolina. BB&T shareholders also approved the proposed new name of the merged institution, “Truist.” SunTrust (NYSE: STI) announced nearly 99% (98.96) of the shares voted were cast in favor of the proposal to approve the merger agreement with BB&T (NYSE: BBT). “We…
from https://www.bizjournals.com/baltimore/news/2019/07/31/suntrust-bb-t-shareholders-approve-66b-merger.html?ana=RSS&s=article_search
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