BB&T rise 20 years later, bet on the future turned out to be sure thing - Winston-Salem Journal: Local Business

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BB&T rise 20 years later, bet on the future turned out to be sure thing

‘Merger of equals’ launched

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Posted: Saturday, July 26, 2014 11:45 pm

A card table, two legal pads and a handshake 20 years ago produced the most pivotal transaction in BB&T Corp.’s history and yielded a seminal economic moment for Winston-Salem.

John Allison, top executive of BB&T, and Glenn Orr Jr., top executive of Southern National Corp., met in a Richmond, Va., hotel ballroom with a common goal — a merger of equals — and common concerns on how to pull it off.

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