Champps shareholders approve buyout

LITTLETON Colo. The shareholders of Champps Entertainment Inc. voted on Friday to approve the $74.8 million sale of the sports-and-entertainment concept to F&H Acquisition Corp.

Champps said in a statement that the $5.60-per-share buyout was approved by holders of 99.8 percent of the shares voted, which represented around 81.6 percent of the total number of shares outstanding.

The sale is expected to close Oct. 22. The deal originally was slated to

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