HP’s $3.3B Poly Buy Lands Poly Shareholder Approval

Poly shareholders voted to approve HP’s $3.3 billion buy of their company, said Poly Thursday. The transaction is expected to close by the end of calendar 2022, it said. HP has said it believes its “scale” can help relieve Poly of the supply-chain woes that have hampered recent revenue growth for the supplier of audio and video work-from-anywhere solutions (see 2203280036).