LOUISVILLE, Ky. (AP) — A gunman who took four bank employees hostage Monday morning was fatally shot by a SWAT team as he walked out of the bank with his gun drawn, police said. None of the hostages was injured.

"He came out of the bank holding his weapon and walking toward SWAT members in a challenging manner. SWAT then fired upon him," police spokeswoman Alicia Smiley said.

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The gunman, believed to be in his 40s, was taken to University Hospital where he was pronounced dead, Smiley said.

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