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Police: Gunman and victim in Loop shooting 'had been friends for years' Published: August 1, 2014

Less than a week after Tony DeFrances learned that he was being demoted as part of a downsizing of his company, authorities said he walked into his boss’s office Thursday morning for a one-on-one, reports the Chicago Tribune.

Apparently upset about his demotion, DeFrances, armed with a gun, confronted CEO Steven LaVoie, a longtime colleague and friend at the supply technology firm ArrowStream in the Loop, police said.

At some point, DeFrances, 60, and LaVoie, 54, struggled over the gun. LaVoie was shot twice before DeFrances shot himself in the head, Police Supt. Garry McCarthy said.

DeFrances was found dead in LaVoie’s office on the 17th floor of the Bank of America building. LaVoie was in “grave” condition at Northwestern Hospital with head and stomach wounds, McCarthy said after the shooting. He was critical condition this evening, according to a hospital spokeswoman.

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