YELLOW'S BUYOUT OF RIVAL GETS SHAREHOLDERS' OK.(BUSINESS)

OVERLAND PARK, Kan. -- Yellow Corp.'s acquisition of Roadway Corp. moved forward Tuesday as shareholders of both trucking companies approved the cash-and-stock deal that had been valued at $966 million.

The transaction, expected to close Thursday, will result in creation of Yellow Roadway Corp., which would control more than 15 percent of what is known as the less-than-truckload market. Less-than-truckload carriers consolidate freight from multiple customers.

Bill Zollars, Yellow's chairman, president and chief executive, has said the two companies will merge some administrative operations but will continue to compete for trucking business.

Some …