Home breadcru News breadcru Company breadcru ARAMARK shareholders vote to approve buyout

ARAMARK shareholders vote to approve buyout

21 Dec '06
2 min read

For the purposes of the second vote, 375 million votes were cast at the special meeting. Of those votes cast, 360 million votes were cast in favor of the adoption of the merger agreement, representing 96 percent of the total votes cast at the meeting.

Under the terms of the merger agreement, ARAMARK shareholders will receive $33.80 in cash for each share of ARAMARK common stock held. Subject to the satisfaction of customary closing conditions, the transaction is anticipated to close at the end of January 2007.

ARAMARK Corporation

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