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Article: Betz Laboratories Inc. adopts shareholder rights plan.
- Article from:
- PR Newswire
- Article date:
- September 8, 1988
CopyrightCOPYRIGHT 1988 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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BETZ LABORATORIES INC. ADOPTS SHAREHOLDER RIGHTS PLAN
TREVOSE, Pa., Sept. 8 /PRNewswire/ -- Betz Laboratories Inc. (NASDAQ: BETZ) announced today that its board of directors has declared a dividend of common share purchase rights as part of a shareholder rights plan.
The plan is designed to insure that all Betz Laboratories shareholders receive fair value for their shares in the event of any proposed takeover of Betz Laboratories and to guard against the use of partial tender offers or other coercive tactics to gain control of the company without offering fair value to the company's shareholders.
John F. McCaughan, chairman of Betz ...
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Article: Betz Laboratories Inc. reports record quarterly ...
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...BETZ LABORATORIES INC. REPORTS RECORD QUARTERLY ... July 26 /PRNewswire/ -- Betz Laboratories Inc., (NASDAQ: BETZ) reported ... 644 shares outstanding in 1988. BETZ LABORATORIES Second quarter 1989 1988 Net sales ...
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