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Article: BRIGGS & STRATTON CORPORATION CHANGES EXPIRATION DATE OF COMMON SHARE PURCHASE RIGHTS
- Article from:
- PR Newswire
- Article date:
- January 18, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WAUWATOSA, Wis., Jan. 18 /PRNewswire/ -- The Board of Directors of Briggs & Stratton Corporation (NYSE: BGG) today approved an amendment to the Company's Share Purchase Rights Plan to change the termination of the rights issued under the Plan from January 2000 to July 1, 1996.
Frederick P. Stratton, Jr., Chairman and Chief Executive Officer of Briggs & Stratton, stated that the action was taken by the Board of Directors after careful consideration of the current need for the Rights Plan, the fact that the current environment is considerably different than the takeover environment when the Plan was adopted in l989, and in response to owners of a ...