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First Community Buys Stone Capital Management

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NU Online News Service, Jan. 16, 2:54 p.m. – First Community Bancshares Inc., Bluefield, Va., says its First Community Bank N. A. subsidiary has completed the acquisition of Stone Capital Management Inc., Beckley, W.Va., an investment advisory firm, through a stock swap.

Stone Capital manages $94 million in assets and will continue to operate under its old name, First Community says.