Armor Holdings (AH) Stockholders Adopt Agreement and Plan of Merger
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Armor Holdings, Inc. (NYSE: AH) announced today that the stockholders of Armor Holdings, Inc. voted to adopt the Agreement and Plan of Merger, dated as of May 7, 2007 among BAE Systems, Inc., Jaguar Acquisitions Sub Inc., and Armor. Approximately 71% of the total number of shares of Armor's common stock outstanding and entitled to vote approved the merger.
The proposed merger was announced on May 7, 2007 and is expected to close on or about July 31, 2007, pending the satisfaction or waiver of all the closing conditions set forth in the Merger Agreement. Under the terms of the Merger Agreement, the Company's stockholders will receive $88.00 per share of common stock in cash, without interest.
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