Syniverse Stockholders Approve Merger with The Carlyle Group

Syniverse Holdings, Inc. SVR today announced that its stockholders have voted to approve the proposed merger with an affiliate of The Carlyle Group, a global alternative asset manager, at a special meeting of stockholders held today. Under terms of the merger agreement announced Oct. 28, 2010, investment funds affiliated with Carlyle will acquire all of the outstanding common shares of Syniverse for $31.00 per share in cash. The transaction is subject to certain remaining customary closing conditions and is expected to close this week.
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