OKLAHOMA CITY -- Fleming Cos. here said last week its board would terminate the company's anti-takeover share-rights plan April 30 -- the day of the company's annual meeting and nine years ahead of schedule. Fleming's board approved a share-rights plan last June that would have been in effect through July 2006. The early termination of that plan comes in response to pressure from shareholders, the company said. Share-rights plans, also called "poison pills," are designed to render ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.