WhiteWave Foods shareholders to vote on Danone takeover

|About: WhiteWave Foods (WWAV)|By:, SA News Editor

Shareholders at WhiteWave Foods (NYSE:WWAV) are expected to support the company's planned merger with Danone (OTCQX:DANOY) when they gather to vote tomorrow at a special meeting in Denver.

Major proxy firms Glass Lewis & Co. and ISS both advised shareholders to vote yes on the combination of food sellers.

WhiteWave closed at $54.13 on Friday, lower than the buyout offer price of $56.25.

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