Republic’s shareholders approved a merger plan.

At the Los Angeles-based firm’s annual meeting, shareholders approved the previously announced agreement under which Republic Corp. will merge with a wholly owned subsidiary of New York-based Triton Group. Under terms of the merger agreement, each Republic shareholder will receive $33 in cash and $10 face amount of a new series of Triton convertible preferred stock. Closing of the merger is planned for Feb. 15, simultaneous with the closing of Triton’s financing.