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News Breaks
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October 19, 2009
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| 07:36 EDT |  | RTLX |
| theflyonthewall.com: | Retalix shareholders approve strategic financing transaction | | Retalix announced that at its 2009 Annual Meeting of Shareholders held , the Retalix shareholders voted to approve the private placement transaction contemplated by the share purchase agreement, dated September 3, between the company and a group of investors comprised of Boaz Dotan, Eli Gelman, Nehemia Lemelbaum, Avinoam Naor and Mario Segal. Holders of a total of 68.3% of the outstanding ordinary shares of Retalix voted on the transaction, of which 95.4% voted in favor. 56.2% of the shares held by non-interested shareholders voted on the transaction, of which 92.2% voted in favor. :theflyonthewall.com |
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