Superclick Announces Shareholder Approval of Merger With Affiliate of AT&;T
January 18, 2012 10:41 ET
Superclick Announces Shareholder Approval of Merger With Affiliate of AT&T
MONTREAL--(Marketwire - Jan 18, 2012) - Superclick, Inc. (
Approximately 80% of the shares voting at today's special meeting of shareholders voted in favor of the proposal to adopt the agreement and plan of merger, which represented approximately 55% of the company's total outstanding shares of common stock as of the November 25, 2011 record date. A quorum of approximately 76% of the company's total outstanding shares of common stock as of the record date was present in person or by proxy at the meeting.
Upon consummation of the merger, the company's shareholders will receive $0.268 in cash for each share of the company's common stock. The transaction is expected to close within the next day.
The transaction is subject to the satisfaction or waiver of a number of customary closing conditions as set forth in the agreement and plan of merger and discussed in detail in the definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission by Superclick on November 29, 2011.
About Superclick, Inc.
Superclick, Inc. (