Don't count Richard Davis, chairman and chief executive of U.S. Bancorp, among those who believe BB&T's agreement to buy Susquehanna Bancshares will prompt a wave of large deals.

BB&T agreed Wednesday to buy the $18.6 billion-asset Susquehanna for $2.5 billion in cash and stock, or roughly 169% of the Lititz, Pa., seller's tangible book value.

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