Home Business HFF Stockholders Approve Acquisition by JLL

HFF Stockholders Approve Acquisition by JLL

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DALLAS–HFF, Inc. announced that at the annual meeting of stockholders of the Company , the stockholders approved a proposal to adopt the Agreement and Plan of Merger, dated March 18, 2019, among the Company, Jones Lang LaSalle Incorporated and JLL CMG, LLC, pursuant to which a wholly-owned subsidiary of JLL will merge with and into the Company.

As previously announced, the Company expected the acquisition of the Company by JLL to close on Monday, July 1, 2019, after the close of regular trading hours on the New York Stock Exchange, and subject to the satisfaction or waiver of other customary closing conditions.

In other matters presented at the annual meeting, stockholders voted against an advisory vote to approve the compensation that may be paid or become payable to the Company’s executive officers that is based on or otherwise relates to the merger and approved each of the other proposals presented at the annual meeting.

Final voting tallies from the Company’s annual meeting of stockholders are subject to certification by the Company’s inspector of elections and will be included in a report to be filed by the Company with the Securities and Exchange Commission (the “SEC”).