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Cole Shareholders Agree to Luxottica Deal
Chain Store Age
Friday, July 23, 2004
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Luxottica Group said the stockholders of Cole National Corp. approved the merger agreement between Luxottica Group and Cole National for a cash purchase price of $27.50 per share, plus interest at the rate of 4% from yesterday through the closing date of the merger. Votes cast in favor of the transaction were approximately 99.5% of Cole National's shares voting on the proposal, representing approximately 78% of the company's outstanding shares.
Companies referred to in story:
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