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Article: Workflow Management, Inc. Stockholders Approve Merger.
- Article from:
- Business Wire
- Article date:
- April 9, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
PALM BEACH, Fla.--(BUSINESS WIRE)--April 9, 2004
Workflow Management, Inc. (Nasdaq:WORK) announced today that its stockholders approved the merger agreement entered into by Workflow and WF Holdings, Inc., an entity formed and controlled by Perseus, L.L.C. and The Renaissance Group, LLC. Holders of approximately 70% of Workflow's outstanding common stock voted in favor of the merger, with approximately 9.5 million shares voted in favor of the merger versus approximately 1.7 million shares votes against. In the merger, each outstanding share of Workflow common stock will be converted into the right to receive a cash payment of $5.56 per ...