Everen Capital Corp. shareholders Thursday approved the company's agreement to be acquired by First Union Corp.

The $1.1 billion deal, which awaits regulatory approval, is expected to close Oct. 1, a spokeswoman for the bank said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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