January 26, 2016 / 5:57 AM / 2 years ago

Huntington Bancshares to buy FirstMerit Corp for about $3.4 bln

Jan 26 (Reuters) - Huntington Bancshares Inc said on Tuesday it has agreed to buy Ohio-based FirstMerit Corp for about $3.4 billion in a cash-and-stock deal.

Huntington expects the deal, which would combine two of Ohio's midsize banks, to add to its earnings per share in 2017, excluding one-time merger-related expenses. (Reporting By Aurindom Mukherjee in Bengaluru; Editing by Gopakumar Warrier)

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