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G&K Services shareholders approve merger with Cintas
17 Nov '16
1 min read
Supplier of branded uniform and facility services programs in the United States and Canada, G&K Services said the company's shareholders have approved the proposed merger with Cintas Corporation. Based on preliminary vote results, around 99 per cent of the G&K Services' shares that were voted at the annual meeting were cast in favour of the merger.
G&K Services added that it continues to expect the merger to close not later than the second quarter of calendar year 2017, subject to obtaining required regulatory approvals and other customary closing conditions.
“Today's vote demonstrates the strong support for this transaction,” CEO Douglas Milroy said. “This is a significant step toward closing the merger, and, on behalf of the G&K's board, I'd like to thank our shareholders for their support.” (AR)
G&K Services added that it continues to expect the merger to close not later than the second quarter of calendar year 2017, subject to obtaining required regulatory approvals and other customary closing conditions.
“Today's vote demonstrates the strong support for this transaction,” CEO Douglas Milroy said. “This is a significant step toward closing the merger, and, on behalf of the G&K's board, I'd like to thank our shareholders for their support.” (AR)
Fibre2Fashion News Desk – India
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