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Midland, Mich.-basedChemical Financial Corp.shareholders approved the company's mergerof equals with Troy, Mich.-based Talmer Bancorp Inc. during a special meeting held July 19.
Shareholdersalso approved the increase of the company's number of authorized shares of commonstock from 60 million to 100 million, and compensation Chemical named executiveofficers would receive in relation to the transaction with Talmer.