Decoma shareholders approve privatization

Newswire

TORONTO, Feb 28 (Reuters) - Shareholders of Decoma International , a subsidiary of auto-parts giant Magna International , overwhelmingly approved a plan on Monday to take the exterior car-parts maker private. The two companies said in a release that minority shareholders of the Decoma voted 95 percent in favor of the plan to fold the company in under the Magna banner.

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