Intermec Shareholders Okay Adoption Of Merger Agreement With Honeywell

(RTTNews.com) - Intermec Inc. ( IN ) said Tuesday that its stockholders voted overwhelmingly to approve the adoption of the previously announced merger deal between the company, Honeywell International Inc. ( HON ), and Hawkeye Merger Sub Corp., a subsidiary of the latter.

About 99% of Intermec's shares voted at the special meeting of its stockholders, or about 79% of Intermec's outstanding shares of common stock as of the close of business on January 25, the record date for the special meeting of stockholders, were voted in favor of the adoption of the Merger Agreement.

Completion of the transaction remains subject to regulatory approvals (including the expiration or termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976. Intermec continues to expect that the transaction will close in the second quarter of 2013.

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