* Coke shares up slightly on Fri; CCE shares edge down
(Adds details on closing, share activity)
NEW YORK/CHICAGO (Reuters) - Shareholders of
Coca-Cola Enterprises Inc approved the purchase of its
North American operations by Coca-Cola Co Friday,
paving the way for the deal to close in coming days.
The largest bottler of Coca-Cola drinks said that by
Monday, the Coca-Cola Enterprises shares traded on the New York
Stock Exchange will reflect a new company, one that operates
solely in Europe, once its North American business becomes part
As the bottler and distributor of Coke drinks in countries
such as Britain, France and Belgium, Coca-Cola Enterprises will
be the third-largest independent Coke bottler.
Coke won approval earlier this week from the United States
and Canada to move ahead with the purchase of the North
American operations on the condition that it safeguarded
confidential business information of rival Dr Pepper Snapple
Group Inc .
Coca-Cola shares were up 9 cents, or 0.2 percent, at $58.61
in morning trading on the New York Stock Exchange, while
Coca-Cola Enterprises shares were down 25 cents, or 0.8
percent, at $30.75.
(Reporting by Martinne Geller and Brad Dorfman, editing by
Gerald E. McCormick, Dave Zimmerman)