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By Alan Kline
OCT 25, 2011 9:29am ET

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Troubled Waccamaw Selling 11 Branches to N.C. Rival

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In a bid to raise fresh capital, ailing Waccamaw Bankshares Inc. in Whiteville, N.C., is selling eight of its branches in North Carolina and three in South Carolina to rival First Bancorp in Troy, N.C.

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