Shareholders approve CNH Global merger with Fiat Industrial
Shareholders of Burr Ridge’s CNH Global N.V. approved the merger between Fiat Industrial S.p.A. and CNH Global N.V. into a newly established company to be named CNH Industrial N.V.
Subject to the closing of the transaction, CNH shareholders will receive 3.828 common shares of CNH Industrial for each CNH Global share they hold at the time of the merger. CNH shareholders that participated in the special CNH shareholders meeting on the merger, including those who attended or voted via proxy, are entitled to make an election to receive, upon completion of the merger, one additional special voting share for each common share of CNH Industrial they will receive upon the effectiveness of the merger, provided that they hold the shares in respect of which they have made such election continuously from the record date for the CNH Extraordinary General Meeting of shareholders (June 25, 2013) through the effective time of the CNH merger. Further information regarding the procedures for making the election to receive special voting shares may be found on the Company’s website, www.cnh.com.
CNH Global is global manufacturer of agricultural and construction equipment.