Thursday, September 28, 2023
Courthouse News Service
Thursday, September 28, 2023 | Back issues
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$66 Billion Merger

Directors are selling SunTrust Banks too cheaply through an unfair process to BB&T Corp., in a 1 for 1.295 share stock swap valued at $66 billion, shareholders say in a federal class action.

ATLANTA — Directors are selling SunTrust Banks too cheaply through an unfair process to BB&T Corp., in a 1 for 1.295 share stock swap valued at $66 billion, shareholders say in a federal class action.

Categories / Securities

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