Shareholders of Youngstown, Ohio-based United Community Financial Corp. on Dec. 10 approved the company's acquisition by Ohio-based First Defiance Financial Corp.
United Community Financial shareholders also approved, on a nonbinding advisory basis, the deal-related compensation to be paid to the company's named executive officers.
First Defiance Financial shareholders also approved the deal on Dec. 10, but they voted against the deal-related compensation proposal.
The Federal Reserve Bank of Cleveland on Nov. 19 approved the deal.