Shareholders in telecommunications network equipment company NetComm Wireless have given the $161 million takeover offer from US company Casa Systems a green light, despite vocal opposition from a group of investors.
The acquisition was approved with 86.6 per cent of the vote, compared to 13.4 per cent against.
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Yolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
