Penn Bancshares Inc (PEBA) 42.2000 $PEBA
BB&T, National Penn report merger closing date
M2 - Tue Jan 26, 5:13AM CST
BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) have reported their merger is expected to close on or about April 1, 2016, the company said. As previously announced, holders of National Penn common stock and certain National Penn equity awards may elect to receive, for each of their shares of National Penn common stock, either USD13.00 in cash, 0.3206 shares of BB&T common stock, or a combination of cash and shares of BB&T common stock. BB&T is a large financial services holding company in the US with USD209.9 billion in assets and market capitalization of USD29.5 billion. Based in Winston-Salem, N.C., the company operates 2,139 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. National Penn Bancshares, Inc., with approximately USD9.6 billion in assets, is a bank holding company headquartered in Allentown, Pa. National Penn Bank operates 124 branch offices throughout Pennsylvania, New Jersey and Maryland. National Penn's financial services affiliates and divisions include its National Penn Investors Trust Company division; Institutional Advisors LLC; and National Penn Insurance Services Group Inc.
NPBC: 10.72 (+0.08), BBT: 38.12 (+0.26)
BB&T, National Penn Announce Expected Closing Date and Election Deadline for Merger
PR Newswire - Thu Jan 21, 4:46AM CST
BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) today announced BB&T's merger with National Penn is expected to close on or about April 1, 2016.
NPBC: 10.72 (+0.08), BBT: 38.12 (+0.26)
BB&T receives approval for National Penn Bancshares acquisition
PR Newswire - Wed Dec 23, 5:03PM CST
BB&T Corporation (NYSE: BBT) today announced it has received regulatory approval from the Federal Reserve, the FDIC and all required state banking regulators to acquire National Penn Bancshares, Inc. (NASDAQ: NPBC). The transaction is expected to close in the next few months.
NPBC: 10.72 (+0.08), BBT: 38.12 (+0.26)
WeissLaw LLP Investigates The National Penn Bancshares, Inc. Acquisition
PR Newswire - Mon Aug 24, 1:54PM CDT
The fairness of the proposed acquisition of National Penn Bancshares, Inc. ("NPBC" or the "Company"
by BB&T Corporation ("BB&T" is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of NPBC. On August 17, 2015, the Company announced it had reached a definitive agreement for BB&T to acquire NPBC in a cash-and-stock transaction valued at approximately $1.8 billion. Under the terms of the agreement, NPBC shareholders can elect to receive $13.00 in cash or 0.3206 of a BB&T common share for each NPBC share they own.
NPBC: 10.72 (+0.08)
Kroll Bond Rating Agency Releases Comment: BB&T and National Penn Bancshares Merger
BusinessWire - Wed Aug 19, 11:40AM CDT
Kroll Bond Rating Agency (KBRA) releases research report entitled "BB&T and National Penn Bancshares Merger Comment". The report makes the following key points:
BBT: 38.12 (+0.26)
BB&T, National Penn report merger closing date
M2 - Tue Jan 26, 5:13AM CST
BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) have reported their merger is expected to close on or about April 1, 2016, the company said. As previously announced, holders of National Penn common stock and certain National Penn equity awards may elect to receive, for each of their shares of National Penn common stock, either USD13.00 in cash, 0.3206 shares of BB&T common stock, or a combination of cash and shares of BB&T common stock. BB&T is a large financial services holding company in the US with USD209.9 billion in assets and market capitalization of USD29.5 billion. Based in Winston-Salem, N.C., the company operates 2,139 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. National Penn Bancshares, Inc., with approximately USD9.6 billion in assets, is a bank holding company headquartered in Allentown, Pa. National Penn Bank operates 124 branch offices throughout Pennsylvania, New Jersey and Maryland. National Penn's financial services affiliates and divisions include its National Penn Investors Trust Company division; Institutional Advisors LLC; and National Penn Insurance Services Group Inc.
NPBC: 10.72 (+0.08), BBT: 38.12 (+0.26)
BB&T, National Penn Announce Expected Closing Date and Election Deadline for Merger
PR Newswire - Thu Jan 21, 4:46AM CST
BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) today announced BB&T's merger with National Penn is expected to close on or about April 1, 2016.
NPBC: 10.72 (+0.08), BBT: 38.12 (+0.26)
BB&T receives approval for National Penn Bancshares acquisition
PR Newswire - Wed Dec 23, 5:03PM CST
BB&T Corporation (NYSE: BBT) today announced it has received regulatory approval from the Federal Reserve, the FDIC and all required state banking regulators to acquire National Penn Bancshares, Inc. (NASDAQ: NPBC). The transaction is expected to close in the next few months.
NPBC: 10.72 (+0.08), BBT: 38.12 (+0.26)
WeissLaw LLP Investigates The National Penn Bancshares, Inc. Acquisition
PR Newswire - Mon Aug 24, 1:54PM CDT
The fairness of the proposed acquisition of National Penn Bancshares, Inc. ("NPBC" or the "Company"
by BB&T Corporation ("BB&T" is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of NPBC. On August 17, 2015, the Company announced it had reached a definitive agreement for BB&T to acquire NPBC in a cash-and-stock transaction valued at approximately $1.8 billion. Under the terms of the agreement, NPBC shareholders can elect to receive $13.00 in cash or 0.3206 of a BB&T common share for each NPBC share they own. NPBC: 10.72 (+0.08)
Kroll Bond Rating Agency Releases Comment: BB&T and National Penn Bancshares Merger
BusinessWire - Wed Aug 19, 11:40AM CDT
Kroll Bond Rating Agency (KBRA) releases research report entitled "BB&T and National Penn Bancshares Merger Comment". The report makes the following key points:
BBT: 38.12 (+0.26)
