Bojangles’ Inc. announced Thursday that its stockholders voted in favor of the company to be acquired by two investors for $593 million.

Durational Capital Management LP and The Jordan Co. LP will acquire the restaurant company in an all-cash transaction originally announced on Nov. 6.

Approximately 33.4 million shares voted in favor of the proposal to approve the agreement at a special meeting Thursday at Bojangles’ corporate offices. Those 33.4 million shares represented 88 percent of the outstanding shares of Bojangles’ common stock entitled to vote at the meeting,

Under the terms of the merger agreement, Bojangles’ stockholders will be receive $16.10 in cash per share upon completion of the merger.

Bojangles’ will file the final vote results with the Securities and Exchange Commission on a Form 8-K.

Bojangles’ is a restaurant operator and franchisor. As of Dec. 30, it had 759 system-wide restaurants, 319 of which were company operated and 440 were franchised, primarily in the Southeastern United States.

The transaction is expected to close in the first fiscal quarter of 2019.

When the transaction closes, Bojangles’ will continue to operate as an independent, privately-held company and will remain based in Charlotte. Its shares closed Thursday at $16.08.

The filing can be found here.