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First Defiance Financial shareholders approve United Community Financial deal

Shareholders of Defiance, Ohio-based First Defiance Financial Corp. approved on Dec. 10 the company's planned acquisition of Youngstown, Ohio-based United Community Financial Corp.

Additionally, shareholders voted down on a nonbinding advisory basis the compensation to be paid to First Defiance Financial's named executive officers related to the merger.

The Federal Reserve Bank of Cleveland approved the proposed transaction on Nov. 19.