Schick Technologies Inc has announced that its stockholders approved three proposals relating to a merger with Sirona Dental Systems. The stockholders approved the exchange agreement, an amendment to Schick’s Amended Certificate of Incorporation, and an amendment to Schick’s 1996 Employee Stock Option Plan.
On June 21, 2006, the company’s name changed to Sirona Dental Systems Inc, and its common stock continues to trade on the Nasdaq National Market under a new ticker symbol, SIRO.
On or about June 22, 2006, the company expected to pay a previously announced special cash dividend of $2.50 per share of common stock to the company’s shareholders of record as of the close of business on June 19, 2006.
[www.newsrx.com, June 10, 2006]