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Guitar Center, Inc. Stockholders Approve Proposed Merger.

Publication: Business Wire
Publication Date: 19-SEP-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WESTLAKE VILLAGE, Calif. -- Guitar Center, Inc. (Nasdaq GS: GTRC) today announced that its proposed merger with an affiliate of Bain Capital Partners, LLC was approved at a special meeting of its stockholders held earlier today.

Approximately 99.6% of shares present and voting at the meeting voted for approval of the merger agreement. Approximately 75.3% of the total number of shares outstanding and entitled to vote at the meeting voted for approval of the merger agreement. Approval of the merger required the affirmative vote of a majority of...

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