Wall Street analysts said they are cautiously optimistic about what would result from Amsouth Bancorp.'s planned takeover of First American Corp., as the $6.3 billion deal cleared another hurdle on the road to completion last week.

Shareholders of Amsouth and Memphis, Tenn.-based First American voted overwhelmingly in favor of the merger late Thursday, with more than 93% of voters approving. The deal is expected to close Oct. 1.

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