Mead Johnson (MJN) Declares $0.4125 Quarterly Dividend; 1.8% Yield

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Mead Johnson Stockholders Approve Acquisition by RB; Mead Johnson Nutrition Board Announces Dividend

May 31, 2017 5:24 PM EDT

RB Shareholders Also Vote to Approve Transaction

CHICAGO--(BUSINESS WIRE)-- Mead Johnson Nutrition Company (NYSE: MJN) (Mead Johnson or the Company) announced that its stockholders approved the acquisition of Mead Johnson by Reckitt Benckiser Group plc (RB) at a Special Meeting of Stockholders held today in Chicago, Illinois. Shareholders of RB also approved the transaction at a General Meeting held earlier today in London.

At Mead Johnsons Special Meeting, approximately 70.30% of shares outstanding as of the record date were voted in favor of the transaction, with 97.12% of all... More