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KMG arranges Nov. 16 shareholders' meeting for voting on merger
By Devika Patel
Knoxville, Tenn., Oct. 12 - KMG America Corp. said it has set up a special shareholders' meeting on Nov. 16 to vote on its planned acquisition by Humana Inc.
Oct. 12 is the record date for the meeting, which will be held at 10 a.m. local time at 12600 Whitewater Dr., Suite 150, Minnetonka, Minn.
Shareholders of record at the close of business Oct. 12 will be entitled to vote.
KMG filed the preliminary proxy statement for the acquisition with the Securities and Exchange Commission on Oct. 2. It will mail a copy of the proxy and a notice of the meeting to shareholders at the close of business Oct. 12.
The acquisition is scheduled to close at the end of this quarter or in early 2008.
KMG is a Minnetonka holding company.
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