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0 0 0.000227479526842593 -0.000454959053685186 0.000682438580527778 0.000758265089475453 0.00113739763421296 0.00121322414316042
Stock impact report

WABCO Shareholders Approve ZF Friedrichshafen Acquisition

WABCO HOLDINGS (WBC) 
Last wabco holdings earnings: 2/21 07:04 am Check Earnings Report
US:NYSE Investor Relations: ir.wabco-auto.com
Company Research Source: GlobeNewswire
BERN, Switzerland, June 27, 2019 (GLOBE NEWSWIRE) -- WABCO Holdings (“WABCO”) (NYSE: WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today welcomed the decision by its shareholders to approve the company’s acquisition by ZF Friedrichshafen AG (“ZF”), a privately held global technology company and systems supplier for passenger cars, commercial vehicles and industrial technology. At a special meeting of WABCO's shareholders held today in New York, holders representing 68.44% of the Company’s shares outstanding voted in favor of adopting the proposed merger agreement. Overall, 71.97% of WABCO's shareholders participated in the vote. Under the agreement, ZF will acquire all outstanding shares of WABCO for $136.50 per share in an all-cash transaction for an equity value of over $7 billion. Jacques Esculier, Chairman and CEO of WABCO, said, "We are very pleased that WABCO’s shareholders have supp Show less Read more
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