Financings in Brief: International Murex
This article was originally published in The Gray Sheet
International Murex: Announces a shareholder rights plan authorizing the Sept. 11, 1995 distribution of one right for each common share outstanding. The rights become exercisable under certain circumstances, the firm says, "including ten days following the announcement that a person or group without prior approval from the Board of Directors" has acquired beneficial ownership of 20% or more of the outstanding common shares" or initiated a takeover bid, tender offer, or exchange offer...
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