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3Macs shareholders OK merger with Raymond James

The employee shareholders of MacDougall MacDougall & MacTierInc. approved by unanimous consent the company's proposed merger with Raymond James Ltd., the Canadian armof Raymond James Financial Inc.

The merger with Montreal-based MacDougall MacDougall & MacTier,also known as 3Macs, is expected to close Aug. 31, the companies said in a releaseannouncing the July 18 vote.