After months of legal and public wrangling with a dissident shareholder group, Mason-Dixon Bancshares won a key shareholder vote this week.

Shareholders at the Maryland company's annual meeting voted overwhelmingly Monday against a proposal by the dissidents that would have required the board to "pursue and explore inquiries and expressions of interest for the sale of the company."

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.