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Financings in Brief: Interpore

This article was originally published in The Gray Sheet

Executive Summary

Interpore: Adopts shareholder rights plan, under which shareholders of record on Sept. 22 will receive one preferred share purchase right for each share of common held; each right enables the purchase of one one-hundredth of a share of Series F junior participating preferred stock for $33. The rights "will be exercisable if a person or group acquires 20% or more of the company's common stock or announces a tender offer for 20% or more" of the stock...

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