Michigan Stock Option Plan of National Penn Bancshares, Inc.
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How to fill out Stock Option Plan Of National Penn Bancshares, Inc.?
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WINSTON-SALEM, N.C., April 4, 2016 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced it has completed its acquisition of National Penn Bancshares, Inc., (NASDAQ: NPBC) effective April 1, 2016.
National Penn Bancshares Inc., which in 2007 bought Lehigh Valley bank KNBT and in 2014 opened a headquarters in center city Allentown, was itself purchased on Monday, ing to a news release. BB&T Corp., of Winston-Salem, North Carolina, bought National Penn for $1.8 billion.
In August 2015, it was announced National Penn had been acquired by BB&T, which was expanding its presence in the mid-Atlantic states. National Penn CEO Scott Fainor said the deal was practical because BB&T could offer customers a wider range of products and services, such as deposit, loan and insurance offerings.
