Riverbed Announces Shareholder Rights Plan

Riverbed Technology RVBD today announced that its Board of Directors has unanimously adopted a stockholder rights plan (the “Rights Plan” or “Plan”) and declared a dividend distribution of one preferred share purchase right on each outstanding share of the Company's common stock. The Board of Directors adopted the Rights Plan in order to help promote the fair and equal treatment of all stockholders of the Company and ensure that the Board remains in the best position to discharge its fiduciary duties to the Company and its stockholders. Pursuant to the Plan, Riverbed will issue one preferred stock purchase right See full press release