The Commerce Group, Inc. (NYSE: CGI) announced that Commerce shareholders voted at a special meeting today to approve the October 30, 2007 Agreement and Plan of Merger that provides for the acquisition of Commerce by MAPFRE S.A.The number of shares of Commerce common stock voting to approve the merger agreement represented 88% of the total number of shares entitled to vote and more than 97% of the shares actually voted.At present, Commerce and MAPFRE expect the merger to occur late in the first quarter or early in the second quarter of 2008.....
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