Banc One to Acquire West Virginia's Biggest Bank: Banc One Corp. extended its reach into West Virginia by announcing plans to buy Key Centurion Bancshares Inc. in a stock swap valued at $536 million. Banc One, a regional giant based in Columbus, Ohio, and Charleston, W.Va.-based Key Centurion said they signed a preliminary merger agreement. Analysts said the acquisition of Key Centurion, West Virginia's biggest bank company with $3 billion in assets, makes sense for Banc One, which has vaulted its way firmly into the top 10 of U.S. bank companies over the past year.
From Times Staff and Wire Reports
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