SunTrust being purchased by BB&T

[tululush]

I wonder if the name to SunTrust Park will change?

https://www.cnbc.com/2019/02/07/bbt...ine-in-an-all-stock-merger-of-66-billion.html

 

[Bravesfannchar]

I wonder if the name to SunTrust Park will change?

https://www.cnbc.com/2019/02/07/bbt...ine-in-an-all-stock-merger-of-66-billion.html

I mean it has to. Suntrust will no longer exist. The new bank will either be a completely new name or BB&T, believe the former has been the most mentioned option.

 

[zitothebrave]

I wonder if the name to SunTrust Park will change?

https://www.cnbc.com/2019/02/07/bbt...ine-in-an-all-stock-merger-of-66-billion.html

In my experience, yet. Wells Fargo Center in Philly, it was orignally named the CoreStates Center, to match the CoreStates Spectrum, but 2 years later CoreStates was acquired by First Union, and the name changed to the First Union Center, which was the best name. FIrst Union later merged into Wachovia, which changed the name, Wachovia was ravaged by the crisis and was sold to Wells Fargo. So that's how that stadium had 4 different names on one naming rights contract.

 

[BravesBlock]

Definitely a new name.
“The combined company will operate under a new name and have around $442 billion in assets, $301 billion in loans and $324 billion in deposits. It will rival U.S. Bancorp, which has about $467 billion in assets.”

https://www.oann.com/bbt-corp-to-buy-suntrust-banks-in-66-billion-all-stock-deal/