Shareholders to vote on Emap B2B sale on 25 February

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Emap shareholders will vote on the sale of its B2B division to the Guardian Media Group on 25 February, the company confirmed this evening.

The GMG approach, in conjunction with private equity house Apax, was announced shortly before Christmas.

If approved, Emap shares will be delisted towards the end of March and shareholders will receive a payment of £4.70 per share.

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