09-10-2019 20:43 via feeds.bizjournals.com

Monotype shareholders OK $825M sale, despite one shareholder's 'Comic Sans' critique

Monotype Imaging Holdings Inc. on Wednesday overwhelmingly approved the Woburn-based font maker’s proposed $825 million sale to a private equity firm, despite one investor’s public campaign against the deal.More than 96 percent of shareholders endorsed the company’s (Nasdaq: TYPE) plan to be taken private by California-based HGGC, according to a securities filing. HGGC, which counts Hall of Fame NFL quarterback Steve Young as a co-founder, focuses on middle market companies.Mon
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