BB&T Corp.’s plans to purchase National Penn Bank for $1.8 billion have cleared a last hurdle, with state and federal regulators giving the deal their blessing. BB&T (NYSE: BBT) and Allentown, Pa.-based National Penn (NASDAQ: NPBC) announced regulatory approval late Wednesday, and they expect to complete the deal during the first half of 2016. “We are pleased to receive these approvals and excited to move forward with the merger,” said Kelly King, chairman and CEO of Winston-Salem-based BB&T. “National…
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