Intier shareholders OK Magna privatization bid

Newswire

TORONTO, March 30 (Reuters) - Shareholders of Intier Automotive voted on Wednesday to accept an offer by parent company Magna International , to take the autoparts supplier private. Intier, which makes exterior car parts, said that 75.04 percent of class A shareholders voted in favor of the deal, clearing the way for the takeover to close on April 3. ($1=$1.22 Canadian)

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