m_and_a
confidence high
sentiment positive
materiality 0.85
SpringWorks shareholders vote to approve merger with Merck KGaA, Darmstadt
SpringWorks Therapeutics, Inc.
- Merger Agreement adopted with 58,902,428 votes For (99.85% of votes cast), 89,192 Against, 11,800 Abstain.
- Advisory compensation proposal approved with 54,818,866 For, 3,955,516 Against, 229,038 Abstain.
- Special meeting had 78.31% quorum (59,003,420 shares of 75,348,995 outstanding).
- Adjournment proposal not voted on as sufficient votes existed for the merger.
item 5.07