Susquehanna Bancshares shareholders indeed voted by an “overwhelming” margin in favor of their firm being acquired by BB&T.
Lititz-based Susquehanna disclosed the tally from Friday’s shareholder vote in a federal filing on Monday.
Nearly 144.9 million of Susquehanna’s 182.1 million shares outstanding were cast in favor of the acquisition, or 79.6 percent.
Some 1.2 percent of shares, or 2.3 million, were cast against. Some 0.6 percent of shares, or 1.1 million, were cast as abstaining.
EQT Corp. turned a profit as it continues to pull more natural gas from the Marcellus shale and move it to markets on the company’s midstream pipeline systems.
The Pittsburgh-based energy company early Thursday announced it posted $110.9 million in net income, or 73 cents per share, during the three months that ended June 30. That’s a 27 percent increase over the $86.9 million profit on 58 cents a share it recorded in the same quarter last year.
Read more: http://triblive.com/business/headlines/6495024-74/million-quarter-company#ixzz38OzSWrov
Follow us: @triblive on Twitter | triblive on Facebook