Sterling Bancshares (SBIB.O) has put itself on the block and could announce a deal by the end of the month, dealReporter said on Tuesday, citing a source familiar with the matter and an industry source claiming knowledge of the situation. According to the report, Sterling has hired Morgan Stanley (MS.N) and has a data room open. Possible bidders include BB&T (BBT.N), said dealReporter, a financial newswire owned by the Financial Times Group. Sterling Bancshares, BB&T and Morgan Stanley declined to comment on the report. (Reporting by Michael Erman; Editing by Tim Dobbyn)
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