Financings in Brief: Marquette Medical Systems
This article was originally published in The Gray Sheet
Executive Summary
Marquette Medical Systems: Shareholder rights plan approved by the firm's board would become effective if a person or group acquired 20% or more of the firm's outstanding stock, Marquette says. Marquette notes it will issue 262,500 shares of its class A common stock to its chairman, Michael Cuhady, in exchange for Cuhady's 26.3 mil. shares of class C common. The move, which will be completed Dec. 23, will make Marquette's class A shares the only class of stock outstanding...