03/13/2012 12:05 pm ET

Amended Deal To Sell BankAtlantic Goes Forward

A deal to sell Fort Lauderdale's BankAtlantic to North Carolina's BB&T, recently halted by a judge, is back on – in an amended form.

The parent company for the South Florida bank,BankAtlantic Bancorp., said Tuesday that it would sell most assets in its banking unit as planned and also, transfer certain debts to the buyers as ordered by the judge.

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