Mazor Robotics shareholders approved its merger with Medtronic.
Here are four things to know:
1. Among the 53 percent of Mazor Robotics ordinary shareholders who were present at the company's special general shareholders meeting Nov. 19, 95 percent voted in favor of the merger.
2. When the merger is complete — which Medtronic expects to close around Jan. 25, 2019, to coincide with the end of the third fiscal quarter — Mazor shareholders will receive $58.50 per American Depository Share, or $29.25 per ordinary share, in cash.
3. The total transaction will be around $1.64 billion.
4. Post-transaction, Mazor will become a wholly owned subsidiary of Medtronic plc.