03:46 PM EST - West 49 Inc. : announced today that its security holders overwhelmingly approved the proposed plan of arrangement involving the Company and Aurora Inc., a wholly-owned subsidiary of Billabong International Limited. At a special meeting held in Toronto earlier today, security holders approved the transaction, with over 99.9% of the votes cast in favour. The completion of the transaction will result in holders of common shares and preferred shares receiving $1.30 in cash per share held, less applicable taxes. West 49 Inc.
shares T.WXX are trading even at $1.29.
