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Huntington Bancshares Purchases Akron-Based Bank

Columbus-based Huntington Bancshares has purchased Akron-based FirstMerit bank for nearly 3.5 billion dollars. The deal creates the largest bank in Ohio by deposits and expands Huntington's footprint in eight states. Some layoffs of FirstMerit employees are expected.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.
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