Wizzard Shareholders Approve FAB Acquisition
Wizzard Software Corporation (NYSE MKT: WZE), the world’s leading podcast network, today announced that it held its annual shareholder meeting on July 30th at which time the proxy voting results were announced.
80% of the total outstanding shares were represented and a quorum was reached. 95% of the shares voted were cast in favor of the acquisition of FAB and the addition of FAB’s founder and CEO to the Board of Directors. All other proxy items were approved by the shareholders as well.
In total, six proxy items were approved by shareholders. Wizzard plans to announce the record date for the spin off of its healthcare operations imminently and to close the FAB acquisition in the upcoming weeks.
- Published: 01 August 2012
- Written by Editor