SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: TI2, TechInvestorToo who wrote (17078)4/24/1998 8:14:00 AM
From: George Coyne  Read Replies (1) | Respond to of 25960
 
<< I'll read mine tomorrow, but my understanding is that these rights plans force the party attempting to "takeover" to negotiate with the BOD instead of going to the shareholders. The belief is that the board would negotiate best price based on value of the company.In that perspective, it supports shareholders best interest of getting the best price.>>

Exactly, so to call it a "Shareholders Rights Plan" is a misleading misnomer! Again, I'm not sure that I'm against this, but call it what it is.

G. W.