Certicom Shareholders Approve RIM Acquisition

certicomlogoMississauga-based encryption technology company Certicom has announced that their shareholders approved the arrangement for RIM to officially RIM will acquire all of the Company’s common shares for $3.00 per share in cash.

The press release stated “The Arrangement was approved by approximately 95% of the votes cast at the Meeting at which 23,548,883 Certicom common shares (approximately 54% of the outstanding common shares) were represented, in person or by proxy… final Court approval of the Arrangement, will be satisfied by March 23, 2009”.

My Quick math takes this number to be $70,646,499.00