Retalix Shareholders Approve Acquisition NCR Corporation
Retalix (NASDAQ: RTLX) announced today that at a Special General Meeting of Shareholders held today, its shareholders approved the previously announced acquisition of Retalix by NCR Corporation (NYSE: NCR).
The transaction is subject to regulatory approval and certain other closing conditions. In addition, under Israeli law, at least 30 days must elapse after the approval of the acquisition by the shareholders of Retalix before the acquisition may become effective. Retalix and NCR expect to complete the transaction during the first fiscal quarter of 2013.