Jaguar Shareholders OK Takeover: Shareholders of Britain’s...
From Times Staff and Wire Reports
Jaguar Shareholders OK Takeover: Shareholders of Britain’s luxury car maker Jaguar PLC voted overwhelmingly to accept a $2.5-billion takeover bid by Ford Motor Co. Jaguar said 99.4% of its shareholders voted in favor of waiving the government’s “golden share” law, which prevents foreign shareholders from taking more than a 15% stake in the British auto maker.
