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Shareholders approve Lastminute takeover

Lastminute.com’s shareholders have given approval for Travelocity Europe’s £577 million takeover of the online agency.

Shareholders gave the £1.65 a share takeover bid the green light at yesterday’s (thurs) Extraordinary General Meeting.

The deal, which will see Lastminute founder Brent Hoberman taking over the running of both agencies, is expected to be complete on July 20.

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