Harbin Electric (HRBN) shareholders yesterday approved the company's $24/share offer to go...

|By:, SA News Editor

Harbin Electric (HRBN) shareholders yesterday approved the company's $24/share offer to go private via a merger with Tech Full Electric, ending a year-long struggle amid fraud allegations from a short seller. The share closed at $22.55 on Friday. U.S.-based VP Christy Shue gets an exit package worth nearly $2.3M. (PR)