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HFF sets date for shareholder vote on JLL merger

HFF Inc. scheduled the stockholder vote on its proposed $2 billion merger with Jones Lang LaSalle Inc., or JLL, for July 1.

Under the terms of the cash-and-stock deal, HFF shareholders will receive $24.63 in cash and 0.1505 of a JLL share for each HFF share. HFF will survive the merger as a subsidiary of JLL.