Bojangles’, Inc. announced that at a special meeting of stockholders held January 10 at Bojangles’ corporate offices, the company’s stockholders voted to adopt the merger agreement pursuant to which the company would be acquired by
Approximately 33.4 million shares voted at the special meeting were voted in favor of the proposal to adopt the merger agreement, representing over 88 percent of the outstanding shares of Bojangles’ common stock entitled to vote at the special meeting. The Company will file the final vote results with the
Under the terms of the merger agreement, Bojangles’ stockholders will be entitled to receive
The transaction is expected to close in the first fiscal quarter of 2019. Upon closing of the transaction, Bojangles’ common stock will cease trading on the NASDAQ Global Select Market, and Bojangles’ will continue to be operated as an independent, privately-held company and will remain based in
BofA Merrill Lynch acted as financial advisor and
Citigroup Global Markets Inc. served as financial advisor to the consortium and, together with
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