NuCO2 Inc. announced that at the Company’s Special Meeting of Shareholders held recently, shareholders overwhelmingly voted to approve the merger agreement with affiliates of Aurora Capital Group.
The transaction is expected to close by the end of May 2008, subject to the satisfaction or waiver of certain closing conditions. All required regulatory approvals for the merger have been obtained, including early termination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
Speaking of the ringing endorsement the deal received at the metting, Michael E. DeDomenico, Chairman and CEO, commented, “We are pleased with the outcome of today’s vote and believe that our merger with Aurora Capital Group is the best outcome for our shareholders, our employees and the future of NuCO2.$quot;
“On behalf of our Board of Directors and management team, I want to thank our shareholders, customers and dedicated employees for their support throughout this process. We look forward to completing this transaction with Aurora as soon as possible and anticipate a smooth transition.”
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