- MagicJack VocalTec (NASDAQ:CALL) got approval from shareholders at today's extraordinary general meeting for a $143M acquisition by B. Riley.
- Of shares that voted, magicJack says more than 97% were in favor of the merger agreement.
- The deal works out to $8.71/share; the stock closed at $8.40 today.
- The transaction still needs some regulatory approvals and is expected to close in the first half of 2018.
MagicJack shareholders approve B. Riley buyout
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Symbol | Last Price | % Chg |
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CALL | - | - |
magicJack VocalTec Communications Ltd. |