
|Articles|May 22, 1996
ADAC adopts poison pill plan
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
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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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