Sequenom Adopts Shareholder Rights Plan | GenomeWeb

NEW YORK (GenomeWeb News) – Sequenom today said that its board of directors has approved the adoption of a share purchase rights plan, under which shareholders of record at the close of business on March 20, will receive rights to purchase shares of a new series of preferred stock.

The plan is being put in place to "enable all stockholders of Sequenom to realize the full value of their investment and to provide for fair and equal treatment for all stockholders in the event that an unsolicited attempt is made to acquire Sequenom," the firm said in a statement.

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