1. Breaking News: BB&T and SunTrust are Joining Forces in a $66 Billion Deal That'll Create the US's 6th Largest Bank

    Breaking News:  BB&T and SunTrust are Joining Forces in a $66 Billion Deal That'll Create the US's 6th Largest Bank

    SunTrust Banks and BB&T have agreed to a $66 billion merger that will create the sixth-largest US bank.

    The deal pays SunTrust shareholders 1.295 BB&T shares for each SunTrust share they own, according to a joint statement released Thursday morning. BB& T shareholders will own about 57% of the combined company...

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    1. This is a true merger of equals, combining the best of both companies to create the premier financial institution of the future.
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