St. Jude Medical Shareholders Approve Merger with Abbott

St. Jude Medical shareholders have approved the merger agreement under which Abbott will acquire St. Jude Medical.

Approximately 99 percent of voting St. Jude Medical shareholders, representing 74 percent of St. Jude Medical’s outstanding stock, cast their vote in favor of the merger.

The companies expect the transaction to close by the end of the year. — Cynthia Jessup