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Global Education Announces Shareholder Approval of Merger With Pearson Plc

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Global Education & Technology Group Ltd. (Nasdaq: GEDU) today announced that, at the extraordinary general meeting of Global Education shareholders on December 19, 2011, shareholders voted overwhelmingly in favor of the previously announced merger with Pearson plc and Genius Merger Sub ("Merger Sub") pursuant to the Agreement and Plan of Merger dated November 19, 2011 (the "Merger Agreement") by and among the Company, Pearson and Merger Sub. Approximately 90% of the Company's total outstanding ordinary shares voted in person or by proxy at the EGM to approve the merger and approve and adopt the Merger Agreement.

 

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