Forge Global (FRGE) said Thursday its stockholders approved all proposals for the previously announced acquisition of the firm by Charles Schwab (SCHW).
The deal received support from roughly 70% of the votes cast at a special meeting, and the stockholders also authorized non-binding advisory arrangements regarding compensation for specific executive officers during the transaction, the company said.
The acquisition is set to close during H1 pending regulatory approval and other customary closing conditions.
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