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Stock Market & Financial Investment News

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December 19, 2013
06:06 EDTSCRSimcere announces holders' approval of merger agreement
Simcere Pharmaceutical Group announced that at an extraordinary general meeting, the company's shareholders voted in favor of the proposal to authorize and approve the previously announced Agreement and Plan of Merger dated August 28 among the company, Simcere Holding and Simcere Acquisition, pursuant to which Merger Sub will be merged with and into the company with the company surviving as a wholly owned subsidiary of Parent, and any and all transactions contemplated by the Merger Agreement, including the Merger.
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