Market Overview

Allscripts Adopts Stockholder Rights Plan

Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) today announced that its Board of Directors has approved the adoption of a Stockholder Rights Plan under which stockholders will receive rights to purchase shares of a new series of preferred stock in certain circumstances.

The Rights Plan is intended to enable all stockholders to realize the long-term value of their investment in the Company and protect them from unfair or coercive takeover attempts. The Rights Plan was not adopted in response to any current hostile takeover attempt.

Posted-In: News M&A

 

Related Articles (MDRX)

Around the Web, We're Loving...

Get Benzinga's Newsletters