Shareholders approve Leitch sale

TORONTO – Shareholders of Leitch Technology approved the acquisition of the company by Harris Corporation for about $590 million at the special meeting of shareholders held this morning. Over 77% of the votes cast by Leitch shareholders were in favour of the arrangement transaction involving Leitch and Harris. Under the terms of the arrangement, Leitch shareholders will receive $14 in cash for each common share of Leitch. The deal is expected to be completed following the receipt of a final order of the Ontario Superior Court of Justice. The company will seek final court approval on the arrangement on Tuesday,...