UPFRONT

Creo Shareholders OK Deal

VANCOUVER, BC—An overwhelming majority of Creo shareholders gave their blessing in late March for the company's pending acquisition by Eastman Kodak. Out of more than 33 million votes cast by shareholders, a resounding 99.8 percent voted in favor of the resolution. Another 97.8 percent voted in favor of waiving application of the shareholder rights plan. Pending final regulatory approvals, Kodak will pay $16.50 per share of Creo stock for a total of $980 million. The transaction is slated to be completed this summer.