Redknee adopts shareholder Rights Plan
TORONTO, Dec. 23 /CNW/ - Redknee, a leading provider of business-critical software and services for communications service providers, including end-to-end converged billing, real-time charging, rating and personalization, today announced that it has adopted a Shareholder Rights Plan designed to allow the Company and its shareholders sufficient time to properly assess any unsolicited take-over bid.
Georgia Gulf Corp. said Monday that it has adopted a shareholder rights plan following its rejection of Westlake Chemical Corp.'s $30.00 per share takeover offer as financially inadequate and not in the best interest of Georgia Gulf shareholders.