ADAC adopts poison pill plan

Article

Nuclear medicine vendor ADAC Laboratories has adopted a shareholders'rights plan designed to protect its shareholders' interests inthe event of an unsolicited takeover of the Milpitas, CA, company.ADAC said that the plan was not adopted in response to

Nuclear medicine vendor ADAC Laboratories has adopted a shareholders'rights plan designed to protect its shareholders' interests inthe event of an unsolicited takeover of the Milpitas, CA, company.ADAC said that the plan was not adopted in response to any hostiletakeover effort, and the company's board was not aware of anysuch effort.

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