GCP Applied Technologies Inc. Announces Agreement with Starboard
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GCP Applied Technologies (GCP) Says it Adopted Stockholder Rights Plan
March 15, 2019 8:59 AM EDTGCP Applied Technologies Inc. (NYSE: GCP) (GCP) announced today that its Board of Directors has adopted a stockholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of GCP common stock.
The adoption of the rights plan is intended to enable all GCP stockholders to realize the full potential value of their investment in GCP and to protect GCP and its stockholders from efforts to obtain control of GCP that are inconsistent with the best interests of GCP and its stockholders. The... More
