Aladdin Knowledge Shareholders OK Vector Buyout

Aladdin Knowledge Systems (Nasdaq: ALDN) shareholders have approved Vector Capital’s offer to buy the company for $11.50 per share, or approximately $160 million. Last year, Aladdin rejected a $13 per share offer from Vector. Wells Fargo Foothill has committed to provide leveraged financing for the buyout. Aladdin is an Israeli maker of security software.

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