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| | Guaranty Bancshares, Inc. Announces Approval of Going Private Transaction |
 | | MOUNT PLEASANT, Texas, Oct. 20 /PRNewswire/ -- Guaranty Bancshares, Inc. announced today that its shareholders approved the Agreement and Plan of Merger, dated June 13, 2005, pursuant to which it will effect a going private transaction, at a special meeting of its shareholders held on October 18, 2005. |
 | | Guaranty announced that documents to establish the effective date of the merger were filed effective as of 11:59 p.m., Mount Pleasant, Texas time, on October 19, 2005. |
 | | Under the terms of the merger agreement, shareholders owning fewer than 600 shares of Guaranty's common stock were converted into the right to receive $24.00 per share in cash at the effective time of the merger. |
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