MIAMI - Shareholders of Intercontinental Bank voted at a special meeting last week to approve its merger agreement with NationsBank Corp. of Charlotte, N.C.

The vote cleared the way for completion of the transaction, in which each share of Intercontinental was converted into 0.4153 share of NationsBank common stock.

Intercontinental has $1.1 billion of assets and 24 branches in Dade, Broward, and Palm Beach counties.

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