Justice Department Requires Divestitures in Order for BB&T and SunTrust to Proceed With Merger
November 08, 2019
November 08, 2019
WASHINGTON, Nov. 8 -- The U.S. Department of Justice's Antitrust Division issued the following news release:
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- Divestiture of Approximately $2.3 Billion in Deposits Across Seven Local Markets Constitutes Largest Bank Divestiture in a Over a Decade
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The Department of Justice announced today that BB&T Corporation (BB&T) and SunTrust Banks Inc. (SunTrust) have agreed to divest 28 branches across North Carolina, Virginia, and Geo . . .
* * *
- Divestiture of Approximately $2.3 Billion in Deposits Across Seven Local Markets Constitutes Largest Bank Divestiture in a Over a Decade
* * *
The Department of Justice announced today that BB&T Corporation (BB&T) and SunTrust Banks Inc. (SunTrust) have agreed to divest 28 branches across North Carolina, Virginia, and Geo . . .