Bojangles' shareholders approve going-private deal
Bojangles' Inc. stockholders on Thursday voted to adopt a merger agreement to be bought out by Durational Capital Management LP and The Jordan Company L.P. which was first announced on Nov. 6. As part of the going-private deal, each shareholder is entitled to receive $16.10 a share in cash once the merger is finalized sometime in the fiscal first quarter. Shares of Bojangles were mostly unchanged in the extended session after closing at $16.08 a share. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.