The deal, valued at about $185 million, is subject to shareholder approval.

The deal is pending shareholder approval as of March 2013.

Does the board have the authority to make such a decision on its own without shareholder approval?

That proposal, by the way, had nothing to do with shareholder approval on pay or board practices.

With shareholder approval in hand, no court orders were needed, the Government said.

The first one, requiring shareholder approval, would seem to be the most obvious.

The agreement is subject to a number of conditions, including shareholder approval.

At this point shareholder approval is not expected before early November.

The move, subject to shareholder approval, is expected to happen in the second quarter.

Any decision the board makes would ultimately be subject to shareholder approval.