Acquisition History / BB&T / United Carolina Bank
BB&T Acquires United Carolina Bank
Announced January 1997 — $1.25B
What happened
United Carolina Bank was a company, acquired by BB&T for $1.25 billion.
- Acquirer
- BB&T
- Target
- United Carolina Bank
- Announced
- January 1997
- Price
- $1.25B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did BB&T acquire United Carolina Bank?
BB&T acquired United Carolina Bank on January 1997. This was BB&T's 2nd publicly tracked acquisition out of 7 we have on record.
How much did BB&T pay for United Carolina Bank?
BB&T paid $1.25B for United Carolina Bank.
What does United Carolina Bank do?
United Carolina Bank was a company, acquired by BB&T for $1.25 billion.
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