UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: January 19, 1999
(Date of Earliest Event Reported): (January 13, 1999)
SCOTT & STRINGFELLOW FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
Commission File Number 0-15105
Virginia 54-1315256
State or other jurisdiction I.R.S. Employer
of incorporation Identification No.
909 East Main Street Richmond, Virginia 23219
(Address of principal executive office) (Zip Code)
(804) 643-1811
(Registrant's telephone number, including area code)
Page 1 of 2 pages
Item 5. Other Events
The shareholders of Scott & Stringfellow Financial Inc. (Nasdaq NMS: SCOT)
approved the Company's previously announced merger agreement with BB&T
Corporation at their annual meeting held on January 13, 1999. Under the terms
of the agreement, Scott & Stringfellow shareholders will receive one share of
BB&T common stock for each share of Scott & Stringfellow common stock. The
transaction is expected to close prior to March 31, 1999.
Scott & Stringfellow Financial Inc. is a publicly-owned holding company
which operates Scott & Stringfellow Inc. founded in 1893 and the South's oldest
member of the New York Stock Exchange. The company has approximately 635
employees, including 257 investment brokers, located in 31 offices in Virginia,
North Carolina, South Carolina and West Virginia. Scott & Stringfellow
Financial Inc. common stock trades on the Nasdaq National Market System under
the symbol SCOT.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SCOTT & STRINGFELLOW FINANCIAL, INC.
By:/s/Mike D. Johnston January 19, 1999
Mike D. Johnston Date
Executive Vice President and
Chief Financial Officer