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Princess Shareholders OK Carnival Takeover

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From Dow Jones / Associated Press

Shareholders of P&O; Princess Cruises overwhelmingly approved the company’s $5.5-billion agreement to be acquired by Carnival Corp.

Starting today, P&O; and Carnival will operate as a dual-listed company. Its shares will trade on the London Stock Exchange as Carnival PLC, and on the NYSE as Carnival Corp.

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