SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 18, 1998
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WesBanco, Inc.
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(Exact name of registrant as specified in its charter)
West Virginia 0-8467 55-0571723
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(State or other
jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1 Bank Plaza, Wheeling, WV 26003
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (304) 234-9000
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Former name or former address, if changed since last report Not Applicable
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Item 5 - Other Events
On June 18, 1997, WesBanco, Inc. consummated the acquisition
of Hunter Insurance Agency, Fairmont, West Virginia. The
acquisition will be a stock transaction that will be accounted for
as a purchase transaction. WesBanco, Inc. will issue 62,500 shares
of common stock from Treasury Stock in the acquisition.
Exhibits
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20 - Press release dated June 18, 1998, regarding the
consummation of the acquisition of Hunter Insurance
Agency by WesBanco, Inc.
Signatures
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
WesBanco, Inc.
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(Registrant)
June 30, 1998 /s/ Edward M. George
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Date Edward M. George
President & Chief Executive Officer
EXHIBIT 20
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[WESBANCO LOGO]
NEWS FOR IMMEDIATE RELEASE
June 18, 1998 For Further Information Contact:
Edward M. George
President & CEO (304) 234-9208
Nasdaq Trading Symbol: WSBC
WesBanco Acquires The Hunter Insurance Agency
Wheeling, WV. . . WesBanco, Inc. President & CEO, Edward M. George, today
announced that WesBanco, Inc., had consummated its acquisition of the Hunter
Insurance Agency, Fairmont, West Virginia, in a stock transaction that is
structured as a purchase transaction by WesBanco.
The Hunter Insurance Agency, a full service agency and seller of life, casualty
and commercial insurance, has been in business since 1937.
In commenting on the purchase, Mr. George stated, "We are pleased to announce
this affiliation with the Hunter Insurance Agency. This acquisition will afford
WesBanco an entry into the life, casualty and commercial insurance agency
business. We look forward to the expansion of our financial services product
mix. The addition of insurance products affords WesBanco the opportunity to
provide our customers with a full array of financial products and services."
According to Mr. George, the directors, officers and employees currently
associated with the Hunter Insurance Agency would maintain their respective
positions within the company with Bruce D. Martin, CIC, continuing to serve
as the President and CEO of the agency.
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