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Pennsylvania-based First Commonwealth to buy Ohio's DCB for $106M

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Pennsylvania-based First Commonwealth to buy Ohio's DCB for $106M

Indiana,Pa.-based First CommonwealthFinancial Corp. will acquire Lewis Center, Ohio-based forapproximately $106 million in stock and cash.

Estimatedtangible book value dilution is pegged at less than 4% and is expected to beearned back in less than 5 years.