Data management group Recall will be taken over by Iron Mountain after shareholders accepted the US logistics giant's $3.4 billion offer.
More than 99.9 per cent of votes cast at a scheme meeting in Sydney on Tuesday were in favour of acquiring 100 per cent of Recall's issued shares.
Recall will apply to the Federal Court for approval of the scheme at a hearing on April 21, and the company's shares are expected to cease trading on the Australian Securities Exchange on that day.
Recall shareholders will receive 50 US cents cash plus 0.1722 new Iron Mountain Securities per share or a cash alternative of $8.50 per Recall share.
Recall chairman Ian Blackburne said Iron Mountain's balance sheet would be significantly strengthened by the acquisition, increasing the prospects for further growth and increased dividends.
Australia's foreign investment review board approved the $3.4 billion takeover on Monday.
Shares in Recall, which services more than 80,000 customers in 25 countries, were 10 cents, or 1.2 per cent, higher at $8.25 at 1145 AEST.
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