Suiza Foods Corporation, the American dairy processor and distributor, announced on September 21 that its shareholders approved the company's pending merger with Dean Foods Company.
A special shareholder meeting was held on Friday to vote on three proposals relating to the company's pending merger. All of the proposals were approved by a requisite number of votes.
"We are pleased to have won shareholder approval for the merger and the related proposals and to move another step closer to completing our transaction with Dean Foods ," said Gregg Engles, chairman and CEO of Suiza Foods .
"Having submitted all of the requested information, we believe we are on track to receive regulatory approval in the coming months and close the transaction by the end of this year," he added.