First Interstate Bancorp is now obliterated, but its name and logo will live on.

Wells Fargo & Co. has agreed to cede the rights to both to the Billings, Mont.-based community bank to which it is selling First Interstate's Wyoming and Montana bank subsidiaries. The deal price is $72 million, or 1.93 times the combined book value of the two units. First Interstate of Montana has $252 million of assets; First Interstate of Wyoming, $278 million.

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