AboveNet, has announced that at its special meeting of stockholders held on June 5, 2012, its stockholders approved the proposal to adopt the merger agreement, dated as of March 18, 2012, by and among AboveNet, Zayo Group, and Voila Sub, a wholly owned subsidiary of Zayo Group, providing for the acquisition of AboveNet by Zayo Group.

Approximately 82.7% of the shares of AboveNet common stock issued and outstanding as of the close of business on April 30, 2012, the record date for the special meeting, were voted at the special meeting. Of the shares voted at the special meeting, approximately 99.7% were voted in favor of the proposal to adopt the merger agreement, representing approximately 82.5% of the total number of shares of AboveNet common stock issued and outstanding as of the record date

Source: AC Newswire