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Pa. regulator OKs Bryn Mawr Bank-Royal Bancshares deal

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Pa. regulator OKs Bryn Mawr Bank-Royal Bancshares deal

The Pennsylvania Department of Banking and Securities on Aug. 4 approved Bryn Mawr, Pa.-based Bryn Mawr Bank Corp.'s pending acquisition of Bala Cynwyd, Pa.-based Royal Bancshares of Pennsylvania Inc.

Shareholders of Royal Bancshares on May 24 approved the pending deal.