Winston-Salem--BB&T.

PositionTRIAD REGION - BB&T Corp. acquires National Penn Bancshares Inc. - Brief article

WINSTON-SALEM -- BB&T will acquire National Penn Bancshares for about $1.8 billion in cash and stock. The Allentown, Pa.-based bank has $9.6 billion in assets and 124 branches in Pennsylvania, New Jersey and Maryland. The deal, expected to close in mid-2016, will give BB&T the No. 4 market share in Pennsylvania. BB&T also completed its $2.5 billion...

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