The management of a Missouri thrift holding company continues to pursue acquisition opportunities, despite a recent nonbinding shareholder vote that favored putting the company up for sale.

Last week, Jefferson Savings Bancorp, a $1.1 billion-asset company based in Ballwin, announced a letter of intent to buy L&B Financial, Sulphur Springs, Tex., and its $134 million-asset Loan amd Building State Savings Bank.

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