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Shareholders approve $66B BB&T-SunTrust merger; $1,500 bonuses for employees

BB&T Corp. shareholders approve a merger of BB&T and Georgia-based SunTrust Banks Inc. valued at $66 billion, putting both companies a step closer to officially becoming Truist Financial Corp., the new name of the combined company. Additionally, about 40,000 employees at both companies will each receive $1,500 bonuses.

Brian Pedersen
Reporter Brian Pedersen covers construction, development, warehousing and real estate and keeps you up to date on the changing landscape of our community. He can be reached at brianp@lvb.com or 610-807-9619, ext. 4108. Follow him on Twitter @BrianLehigh.

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