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Vectrus Shareholders OK Vertex Merger
Shareholders at Vectrus approved the company’s proposed combination with Vertex and both parties expect the transaction to close in the third quarter of 2022. The combined entity will adopt the name V2X and trade on the New York Stock Exchange under the ticker symbol “VVX” upon the deal’s closing, Vertex said Wednesday. Vectrus CEO Chuck Prow said the approval by Vectrus shareholders marks a step in completing the company’s merger with Vertex to establish a provider of critical-mission platforms and services to defense customers worldwide.