Stockholders approve Adobe/Macromedia merge

As of today, one of the two major barriers to the Adobe/Macromedia merge has been overcome. Stockholders of both companies have voted over 99% in favour of the merge. This keeps the deal well on track for its anticipated completion in Fall 2005.

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The one remaining hurdle is approval of the transaction by the US Department Of Justice (DOJ), which on July 11th issued a second request for information from the two companies as it evaluates the legality of the merger under antitrust regulations.