AUGUSTA, Ga. - An increasingly nasty proxy fight over the future of Georgia's largest thrift, Bankers First Corp., was finally played out Wednesday before more than 100 stockholders at the thrift's annual meeting.

Bankers First chairman H.M. Osteen found himself on the defensive when two shareholders lashed out at him for fighting a proposal for a quick sale of the $1.1 billion-asset thrift.

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