andry's Restaurants, Inc. (NYSE: LNY) announced that its stockholders have voted to approve the merger agreement with a company wholly-owned by Tilman J. Fertitta, Chairman, Chief Executive Officer and President of Landry's, at a special meeting held yesterday.
The merger was approved by both the affirmative vote of the holders of a majority of the outstanding shares of Landry's common stock and the holders of a majority of Landry's common stock voted at the special meeting and not owned by Mr. Fertitta and Landry's directors.
The merger is expected to close on October 6, 2010.
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