BB&T Insurance to acquire Ott & Company

The transaction is expected to be completed in early January 2008. BB%26T Insurance Services plans to merge Ott %26 Company with its existing Alpharetta agency, BB%26T-Huffines Russell.

Wade Reece, chairman and CEO of BB%26T Insurance Services, said: “Combining Ott %26 Company with both BB%26T-Huffines Russell and Sidney Smith’s Alpharetta agency will give BB%26T Insurance a well-rounded and significant insurance brokerage operation in this prestigious area of greater Atlanta.”

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