Metlifecare shareholders vote in favour of amended merger deal

Thu, 21 Jun 2012

By Hannah Lynch June 21 (BusinessDesk) - Metlifecare shareholders have voted in favour of an amended merger proposal, after the retirement village operator reduced the amount of shares it will use to pay for the deal and abandoned plans to raise new equity capital. “The merger is a significant milestone for the company and brings with it a number of benefits for Metlifecare and our shareholders”, Brent Harman, managing director said in a statement. Metlifecare amended changes to its proposal this morning winning over the majority of institu...

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