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Commerce Union-Community First deal receives shareholder, regulatory approvals

Shareholders of Brentwood, Tenn.-based Commerce Union Bancshares Inc. have approved the company's pending acquisition of Columbia, Tenn.-based Community First Inc.

The two companies also received all the necessary regulatory approvals. The deal is expected to close Jan. 1, 2018.

Commerce shareholders also approved the proposal to change the company's name to Reliant Bancorp Inc., effective Dec. 31. The company's stock will begin trading under the symbol RBNC on Jan. 2, 2018.