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Approval for Lloyds TSB-HBOS merger
Lloyds TSB shareholders have backed the proposed takeover of ailing rival HBOS.
The shareholders voted 95.98% in favour of the controversial deal at the Lloyds TSB Group general meeting in Glasgow.
They also backed plans to raise a total of £5.5 billion through the issue of new shares and special preference shares to strengthen Lloyds' balance sheet.
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