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Pre-Paid Legal Services (PPD) Shareholders Approve Merger

June 21, 2011 4:41 PM EDT
Pre-Paid Legal Services, Inc. (NYSE: PPD) announced that Pre-Paid's shareholders adopted the previously announced merger agreement, dated January 30, 2011, among Pre-Paid, MidOcean PPL Holdings Corp. and PPL Acquisition Corp. at today's special meeting.

Upon consummation of the merger, Pre-Paid's shareholders will receive $66.50 in cash for each share of Pre-Paid common stock they own, other than shareholders that properly exercise appraisal rights.


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