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.

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.