JJB Sports announced that a majority of its shareholders had approved each of the resolutions put forward at an extraordinary meeting held on Thursday. They focused on the strategic deal announced earlier this month, which could see Dick's Sporting Goods acquiring a majority stake in the British sports retailer. The deal was paired with a financial package, including a loan guarantee by the Adidas group, that is meant to see JJB Sports through its turnaround measures – as extensively reported earlier this month.
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