29.07.2015 13:48:15
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Pall Shareholders Approve Merger Plan - Quick Facts
(RTTNews) - Pall Corp. (PLL), a provider of filtration, separation and purification technologies, said its shareholders voted in favor of the proposal to adopt the previously announced Agreement and Plan of Merger, dated May 12, by and among Pall, Danaher Corp. (DHR) and Pentagon Merger Sub, Inc., at a special meeting of shareholders held on July 28.
At the meeting, 87,395,064 million shares were voted in favor of the proposal to adopt the Merger Agreement, which represents approximately 81.79 percent of Pall's outstanding shares.
Under the terms of the Merger Agreement, each share of common stock issued and outstanding immediately prior to the effective time of the merger of Pentagon Merger Sub with and into Pall will be canceled and automatically converted into the right to receive $127.20 in cash, without interest.
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