Monroe Holders Back Deal

James Monroe Bancorp ( JMBI) shareholders backed the company's acquisition by Mercantile Bankshares ( MRBK).

The merger is slated to be completed by July 17.

"This acquisition adds significant value to our franchise in the greater Washington area with strategically located banking offices and an experienced team of bankers," the Baltimore-based company said.

This story was created through a joint venture between TheStreet.com and IRIS.

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