Zurn stockholders approve Elkay merger; close expected early Q3 2022

Zurn Elkay Water Solutions Corp

Stockholders approved issuance of up to 52.5M new Zurn shares for the Elkay combination.
PIP amendment approved, increasing authorized shares for awards by 1.5M.
Over 99.9% of votes cast supported the merger share issuance proposal.
Transaction is expected to close early in Q3 2022, subject to remaining conditions.
CEO Todd Adams cites strong stockholder support and ongoing integration planning.

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