Laidlaw stockholders approve merger with FirstGroup

By Lisa Kerner

Charlotte, N.C., April 20 - Laidlaw International, Inc. stockholders approved the company's merger with FirstGroup plc at a special meeting on April 20.

FirstGroup entered into an agreement on Feb. 9 to acquire Laidlaw for $35.25 per share in a transaction valued at $3.6 billion, including debt.

Laidlaw is a Naperville, Ill., holding company for North America's largest providers of school and inter-city bus transport services and a supplier of public transit services.

FirstGroup is a passenger transport group based in Aberdeen, Scotland.

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