HARTFORD, CONN. — Advest Group Inc.’s shareholders have approved a deal to sell it to Mony Group Inc., the New York insurance company.

Of the shares voted, 98.89% were in favor of the acquisition. Advest held a special meeting of shareholders last week for the vote.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.