MIAMI LAKES, Fla. -- Loan America Financial Corp. said its stockholders have approved the company's proposed acquisition by Barnett Banks Inc. for $62 million.

The finance company said the agreement still must be approved by the Federal Reserve Board, but it expects the deal to be completed before the end of this quarter.

The purchase price is about $13 a share and subject to adjustment based on Loan America's performance before the closing

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