Bolstering its West Virginia operations, Huntington Bancshares Inc. agreed Thursday to buy CB&T Financial Corp., Fairmont, in a stock swap valued at $131.5 million.

Huntington's offer is worth about 25.50 a share, or roughly 1.8 times CB&T's expected yearend book value, said William T. McLaughlin 2d, CB&T's chairman and chief executive officer.

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