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Allied Healthcare International Inc. (AHCI:NSQ), the US-quoted provider of temporary staffing services to the health care and social care industries in the UK and Ireland, has announced that its shareholders have voted to adopt the merger agreement with Saga Group Limited at a special meeting of shareholders held yesterday.
Of the 43,571,251 shares of Allied common stock entitled to vote at the meeting, approximately 76.25% were present in person or by proxy at the special meeting and voted in favour of the merger agreement.
The merger is expected to close today. Following the closing of the merger, Allied's shareholders will be entitled to receive US$3.90 in cash, without interest, for each share of Allied common stock held by them.