M III Acquisition shareholders approve merger with IEA Energy Services
M III Acquisition's stockholders have approved the previously announced business combination with IEA Energy Services, an engineering, procurement and construction company in the renewable energy sector. The transaction is expected to close on or shortly after March 23, upon which time, M III will be renamed "Infrastructure and Energy Alternatives". Following the completion of the business combination, the company will hold all of the existing renewable energy EPC businesses of IEA. Approximately 82.46% of the outstanding shares of common stock of M III voted and 98.81% of such shares voted in favor of the business combination. The consummation of the business combination remains subject to the satisfaction or waiver of certain other closing conditions.