"Stockholder approval" means getting the permission or agreement of the people who own shares in a company, known as stockholders or shareholders, before making certain decisions or changes within the company. Full definition
Billerica, MA, June 15, 2009 — Soapstone Networks Inc. (NASDAQ: SOAP), today announced that its Board of Directors (the «Board») has unanimously approved a plan of dissolution and liquidation of the Company (the «Plan of Liquidation») and that it will file a proxy statement seeking stockholder approval of such plan. (greenbackd.com)
Delaware Court of Chancery Dismissed Post-Closing Merger Challenge Due to Fully Informed Stockholder Approval (paulweiss.com)
Arne Sorenson, Marriott's president and chief executive officer, said, «With today's successful stockholder approval milestone, we are that much closer to completing our transaction. (businessinsider.com)