Cleveland-Lesco Inc. shareholders voted on May 3 in favor of the company being acquired by Deere & Co. (GM Feb. 26, p. 1; March 26, p. 15). Lesco reported that 78 percent of the company’s common shares present and voting at the special meeting approved the merger agreement, representing approximately 67 percent of the total number of common shares outstanding and entitled to vote. The company expects to close the transactions contemplated by the merger agreement as soon as practicable.
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