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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: blankmind who wrote (3532)12/12/1997 4:58:00 PM
From: LoLoLoLita  Read Replies (2) of 23519
 
Anti-Takeover provisions.

In the last 10-Q they describe a Shareholder Rights Plan
that went into effect February 1996. Under this Plan,
they'll issue a Preferred Shares Purchase Right for
each share when anyone obtains (or starts a tender offer)
for 20% of outstanding shares.

I thought it was strange that noboby mentioned it in CC.
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