Financings in Brief: Imagyn Medical:
This article was originally published in The Gray Sheet
Executive Summary
Imagyn Medical: Adopts shareholder rights plan "to assure that the company's stockholders receive fair and equal treatment in the event of any proposed takeover of the company, and to guard against partial tender offers and other abusive tactics to gain control of Imagyn without paying all stockholders the fair value of their shares." Rights become exercisable following the acquisition of 15% or more of Imagyn's common stock...