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News Breaks | | | | January 31, 2013 | | 08:44 EDT |  | YDNT | Young Innovations holders approve takeover at $39.50 per share
Young Innovations announced last night that, at a special meeting of shareholders held, its shareholders voted to adopt the plan of merger, providing for the acquisition of the company by an affiliate of Linden Capital Partners. Upon consummation of the transaction, the company's shareholders will receive $39.50 in cash for each share of common stock. The transaction is expected to close on January 31, 2013. | |
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