CareFusion stockholders approve merger with Becton, Dickinson and Company
CareFusion Corporation recently announced the approval by its stockholders of a proposed merger with Becton, Dickinson and Company.
In a special meeting on Jan. 1, 2015, the stockholders approved a definitive merger agreement and merger transaction between CareFusion and Becton, Dickinson and Company (BD), with approximately 76% of shares cast in favor of the proposal, according to a company press release.
On Oct. 5, 2014, the companies previously announced they had entered into a definitive agreement pursuant to which BD would acquire CareFusion in a stock and cash transaction, with CareFusion stockholder approval as a condition to the merger.
The proposed acquisition is still in need of approval by the European Commission under the European Union Merger Regulation, according to the release.
Reference: www.carefusion.com.