USA-based Texas Biotechnology Corp says that its board of directors hasadopted a shareholder rights plan, but stresses that it is not in response to any known effort to acquire control of the firm. The intention of the plan is to enable shareholders to realize the long-term value of their investment in the company by protecting them from "unfair or coercive takeover attempts."
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze