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Leitch shareholders approve Harris acquisition

Leitch Technology shareholders approved the acquisition of the company’s outstanding common shares by Harris at a special meeting of the shareholders held Oct. 24.

More than 77 percent of the votes cast by Leitch shareholders were in favor of the arrangement transaction involving Leitch and Harris. Under the terms of the transaction, Leitch shareholders will receive $14 in cash for each common share of Leitch.

The transaction is expected to be complete following the receipt of a final order of the Ontario Superior Court of Justice.

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