Iomai has announced that its stockholders approved the merger of the company with a wholly-owned subsidiary of Intercell.
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Approximately 71.6% of Iomai’s outstanding shares entitled to vote at the special meeting approved the merger, representing approximately 99.9% of the votes cast.
The transaction remains subject to certain closing conditions. Assuming satisfaction of the remaining conditions, the transaction is anticipated to be completed on or about August 5, 2008.
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