Anyone buying BBT at its current price plus a 25% or so premium would definitely get a super plum. Just think a few years ago BBT's assets were 20B and the stock price was in the mid 30's, now the assets are 100B and the stock price is still in the mid 30's. Look like a real plum to me.
5% premium isn't much to get excited about. That's STI's offer for Nat'l Commerce..analysts speculated it would be higher. It would take a 20% premium to get to 40 for BB&T shares. I don't look for a BB&T buyout and never thought JAA would listen to STI & so posted. Maybe an off-shore acquirer some day. Til then, back to blocking and tackling basic banking.