PowerSecure Stockholders Vote to Approve Merger with Southern Company
Friday, May 6th, 2016
Stockholders of PowerSecure International, Inc. voted to approve the proposed merger with Southern Company, announced on February 24, 2016.
The U.S. Federal Trade Commission previously granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act with regard to the companies' proposed merger. The vote by PowerSecure stockholders represents the last major approval before the companies can complete the proposed merger. The transaction is expected to close in the coming days.
