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BEST Inc. gets shareholder green light for a merger that will take its U.S. shares off the NYSE.
BEST Inc., a Chinese logistics firm, has received overwhelming shareholder approval for a merger with BEST Global Partners and Phoenix Global Partners.
This merger will transform BEST into a private company, leading to the delisting of its American depositary shares from exchanges like the New York Stock Exchange.
The deal needs to meet certain conditions before completion.
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BEST Inc. obtiene luz verde de los accionistas para una fusión que le quitará sus acciones estadounidenses al NYSE.