ROANOKE, Va. - Dominion Bankshares Corp. said its shareholders have approved the company's proposed acquisition by First Union Corp. of Charlotte, N.C., with a closing expected in early 1993.

Dominion said about 80% of the eligible common shares were voted and 99% of those shares favored the merger, which was announced on Sept. 21. Also, 78% the eligible preferred shares were voted, with a 99% approval rate.

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