other material
confidence high
sentiment neutral
materiality 0.70
BellRing stockholders approve transaction for Post's spin-off of 80.1% interest; closing expected March 10
BELLRING BRANDS, INC.
- Stockholders adopted transaction agreement for Post's spin-off of 80.1% of BellRing interest.
- Disinterested stockholder vote (excluding Post and affiliates) also approved with 32.5M for, 198.6K against.
- Distribution and merger expected after market close on March 10, 2022, subject to closing conditions.
- Total votes: 111.5M for, 198.6K against, 47.0K abstentions (including Post shares).