Endeavor Acquisition Corp a public company formed to effect a business combination with an operating business announced that its stockholders have approved the merger with American Apparel and its affiliated companies.
The vote to approve the merger took place at Endeavor's special meeting of stockholders. The closing of the transaction took place immediately thereafter. Endeavor has changed its name to American Apparel Inc.
Endeavor's common stock, units and warrants will continue trading on the American Stock Exchange under the new symbols APP, APP.U and APP.WS, respectively. This symbol change will occur no later than Friday, December 14, 2007.
In addition to approving the merger, Endeavor stockholders also approved the 2007 Performance Equity Plan and certain amendments to Endeavor's certificate of incorporation, including the change of name.