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THQ Rights Plan

THQ is following Activision and Acclaim in adopting a shareholder protection plan. Like the other plans, THQ's shareholder rights initiative is designed to ward off any u...

Quang Hong, Blogger

June 21, 2000

1 Min Read
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THQ is following Activision and Acclaim in adopting a shareholder protection plan. Like the other plans, THQ's shareholder rights initiative is designed to ward off any unsolicited takeover attempts by triggering a shareholder stock payout if any outsider purchases 15 percent or more of the company's outstanding shares. The plan, which the company says is not in response to any specific buyout effort, goes into effect on July 3.

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About the Author

Quang Hong

Blogger

Quang Hong is the Features Editor of Gamasutra.com.

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