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Exact(29)
The additional funding has been secured and approved by the whole board, but ultimately requires shareholders' approval, which was given by all except one.
The deal should close March 31 pending Burlington shareholders' approval.
The bailout will require shareholders' approval later this year.
The name change will be submitted for shareholders' approval at the annual meeting in May.
The liquidation of the company requires shareholders' approval, the company said.
Pending shareholders' approval, the company expects the transaction to close in the second quarter of next year.
Similar(28)
So under an exception in the New York Stock Exchange's shareholder approval policy, the audit committee "approved the company's omission to seek shareholder approval that would otherwise have been required".
It said the boards of each company had approved the deal and shareholder approval is not required by either company.
Neither option requires shareholder approval.
Telkom still needs shareholder approval.
The deal is subject to shareholder approval.
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