Acquisition History / BB&T / Southern National Bank

BB&T Acquires Southern National Bank

Announced January 1995 — $2.20B

What happened

Southern National Bank was a company, acquired by BB&T for $2.2 billion.

BB&T's acquisition history

1st of 7 tracked deals

Disclosed prices

7 of 7 BB&T deals

BB&T's average disclosed price

$10.75B

BB&T's largest disclosed deal

Tracked acquisitions in 1995

19 across all acquirers

When did BB&T acquire Southern National Bank?

BB&T acquired Southern National Bank on January 1995. This was BB&T's 1st publicly tracked acquisition out of 7 we have on record.

How much did BB&T pay for Southern National Bank?

BB&T paid $2.20B for Southern National Bank.

What does Southern National Bank do?

Southern National Bank was a company, acquired by BB&T for $2.2 billion.