CYCLOPS <CYL> HOLDERS APPROVE DIXONS MERGER Dixons Group Plc said shareholders at a special meeting of Cyclops Corp approved the previously announced merger of Cyclops with Dixons. Under the terms of the merger, Dixons said the remaining public Cyclops shareholders are to receive 95 dlrs a share. Dixons also said the previously announced sale of Cyclops steel and nonresidential construction businesses to a former Alleghany Corp <Y> subsidiary is expected to be completed June 30. After the sale, Cyclops will retain its specialty retailing business and change its name to Silo Inc, said Dixons.