The rights agreement is set to expire on March 11, 2026, unless terminated earlier as outlined in the agreement’s terms. Pliant has stated that existing shareholders owning 10% or more before ...

The move, unanimously approved by the Board of Directors, is designed to prevent the possibility of any individual or group gaining control of the company through the open market without offering a ...

The late-stage biopharma said the plan will issue one right for each share of common stock as of the close of business on March 24. The rights will initially trade with its common stock, and will ...

In addition, the renewal and amendment of the Corporation’s Shareholder Rights Plan was approved with 77.15% in favour and 22.85% against after excluding shares held by Navjeet (Bob) Dhillon, who is ...

Cumulus Media has allowed its poison pill defense to expire, signaling the end of a yearlong effort to prevent a hostile takeover.

As such, it is quietly putting that shareholder rights plan to bed, an SEC filing reveals. The rights plan expired on February 20, and was designed to prevent any single entity from acquiring more ...

Hummingbird Resources PLC ('Hummingbird”), a West African gold mining company, announced today that in connection with the implementation of a take-over of Hummingbird pursuant to the UK Takeover Code ...

The Rights Plan is also intended to provide the Board sufficient time to make informed judgments and take actions that are in the best interests of Barnwell and all of its shareholders.

DENVER, Jan. 31 /PRNewswire-FirstCall/ -- PYR Energy Corporation (AMEX:PYR) announced today that its Board of Directors has adopted a shareholder rights plan designed ...

This is often considered one of the last lines of defense. This defense tactic is officially known as a shareholder rights plan. It allows existing shareholders to buy newly-issued stock at a ...