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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: John Metcalf who wrote (5450)10/5/1998 11:01:00 AM
From: Doug Markle  Read Replies (3) of 6136
 
Questions on shareholder rights - 1) aren't the rights held only by shareholders of record on August 97? and 2) aren't the rights applicable to "hostile" acquisitions - i.e. the shareholders or (even the board?) can revoke the rights? In other words, there are probably only a few rights out there and if those rights are too costly, we're screwed?
Thanks for any clarification.
Doug
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