Source: Savvis
Savvis, Inc. (NASDAQ:SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that Savvis stockholders have voted to approve all proposals related to the merger with CenturyLink, Inc. (NYSE:CTL).
Approximately 99 percent of the votes cast - representing 86 percent of Savvis' shares outstanding - voted to adopt the merger agreement at Savvis' special stockholders meeting held today in St. Louis.
The companies confirmed they intend to close the transaction July 15, 2011, subject to satisfaction of the remaining conditions to the merger.