Article: Minneapolis' Norwest to Acquire Dallas' Central Bancorp.(Originated from Saint Paul Pioneer Press, Minn.)

Sep. 18--Norwest Corp., in the midst of a buying spree in Texas, announced another purchase Tuesday -- Central Bancorporation Inc., the largest independent bank in the Dallas-Forth Worth region and fourth-largest in the state.

Texas has quickly become Norwest's second biggest state and may well be its most important, according to Ben Crabtree, a securities analyst with Dain Bosworth. But while Crabtree was not surprised that Norwest continues to expand in Texas, he was surprised at Norwest's choice of markets within Texas.

That's because Norwest's Texas strategy was to stay away from the highly competitive and volatile areas such as Dallas/Fort Worth and ...

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