Sundstrand beefs up, extends takeover protections
Sundstrand amended its shareholder rights plan last week, boosting the exercise price of the rights to $200 from $150 and extending the expiration of the rights ten years to May 2006. "The plan is not designed to prevent a takeover, but to encourage a buyer to negotiate appropriately with the Board...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
