BB&T acquires BankAtlantic

  • By Business Observer Staff
  • | 4:35 p.m. November 1, 2011
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BB&T Corp. (symbol: BBT) agreed to acquire Fort Lauderdale-based BankAtlantic Bancorp (symbol: BBX) this week. BB&T will pay a premium of $301 million above BankAtlantic's net asset value to complete the deal.

 

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