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Safeway Adopted Stockholder Rights Plan

Stock Researching
Publish date: Wed, 18 Sep 2013, 06:36 AM
Stock Researching
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From Liston Street Pulse:

Safeway Inc. (SWY) has adopted a stockholder rights plan after Jana Partners LLC acquired 6.2% stake in the company. Jana Partners acquired a total of 14.9 million shares of Safeway at the price of $318.9 million. Jana also acquired option to purchase a total of 3,530,300 shares. In a recent […]

The post Safeway Adopted Stockholder Rights Plan appeared first on Liston Street Pulse.

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