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Company Statement: BB&T purchases leading wholesale insurance brokerage

( February 3, 2012, 18:24 GMT | Official Statement) -- MLex Summary: Insurance broker BB&T Corporation has agreed to buy the Crump Group's life and property and casualty insurance operating units for $570 million in cash. The purchase will position BB&T as a leading independent wholesale distributor of life insurance in the United States.Statement appears in full as follows:...

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