Poly Announces Stockholder Approval Of Merger Agreement With HP Inc.
Poly (NYSE:POLY), a global outfitter of professional-grade audio and video technology, today announced that its stockholders voted to approve the merger agreement pursuant to which Poly will be acquired by HP Inc.
Based on preliminary results, over 80% of Poly's outstanding common stock was voted in favor of the approval of the merger agreement. The final voting results will be filed on a Form 8-K with the U.S. Securities and Exchange Commission.
The transaction is expected to close by the end of calendar 2022, subject to receipt of required regulatory clearances and the satisfaction of other customary closing conditions.