With unanimous support from directors on the AAM and BPA boards, members of both organizations will vote on the merger in January 2023.
On Jan. 4, the voting representative at AAM and BPA members received information regarding the proposed merger and details on how to vote, including a copy of the full agreement of merger and a link to vote online. Online voting is open until noon EST on Jan. 25, 2023.
- AAM Members
AAM must receive votes from at least 10% of its members, and at least two thirds of those votes cast must be in favor of the merger.
- BPA Members
At least 10% of BPA’s members must vote by proxy or attend a special meeting of members, which is planned for January 26, 2023. At least two thirds of the votes cast must be in favor of the merger.
If approved by both memberships, the merger must also be approved by the New York state attorney general. Once that approval is complete, the merger will be official. We expect the merger to close in spring 2023.
Please contact us with questions.