Carter's adopts poison pill after RWWM accumulates 16.86% stake
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Carter’s Adopts Limited Duration Stockholder Rights Agreement In Response to Rapid Stock Accumulation
September 24, 2025 6:05 AM EDTATLANTA--(BUSINESS WIRE)-- Carters, Inc. (NYSE: CRI) (the Company or Carters), North Americas largest and most-enduring apparel company exclusively for babies and young children, today announced that its Board of Directors (the Board) has unanimously adopted a limited duration stockholder rights agreement (the Rights Agreement).
Carters recently became aware of the rapid accumulation of a significant amount (16.86%) of the common stock of the Company by RWWM, Inc., (RWWM) as disclosed in a Schedule 13G/A filed with the U.S. Securities and Exchange Commission (SEC) on September 4, 2025. Carters was given no advance notice of the... More
