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You are here: Home / Uncategorized / Solera Stockholders Approve Sale to Vista Equity Partners

Solera Stockholders Approve Sale to Vista Equity Partners

December 9, 2015 By CollisionWeek Editor

Solera Holdings, Inc. (NYSE: SLH) announced that Solera shareholders voted to adopt the merger agreement announced in September for the company’s sales to an affiliate of Vista Equity Partners for $55.85 per share in cash.

The merger was approved by a vote of nearly 44 million shares to 7.3 million against the proposal. A separate proposal, to approve, on a non-binding, advisory basis, compensation arrangements for the company’s named executive officers in connection with the merger, was defeated by a vote of 23.5 million shares for the proposal to 26.9 million against.

The closing of the merger remains

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Filed Under: Uncategorized Tagged With: Acquisitions, Solera

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