Investors have blessed a large insurance company transaction.

Shareholders of Lincoln National Corp., Philadelphia, have voted 98% of their stock in favor of efforts by Lincoln National to acquire Jefferson-Pilot Corp., Greensboro, N.C., according to Lincoln National.

Meanwhile, Jefferson-Pilot shareholders have voted about 85% of their stock in favor of the deal, according to Jefferson-Pilot.

The deal, which is structured as a merger, is supposed to close in early April.