Financings in Brief: Adac Laboratories
This article was originally published in The Gray Sheet
Executive Summary
Adac Laboratories: Adopts shareholder rights plan "intended to give the board an adequate opportunity to evaluate all alternatives if an unsolicited attempt is made to acquire Adac." The plan "was not adopted in response to any effort to acquire control of Adac," the company notes, "and the board is not aware of any such effort"...