Compellent-Dell deal includes poison pill

sourced

Categories

By Chris Newmarker, Minneapolis-St.Paul Business Journal

“Compellent Technologies, Inc.(NYSE: CML)  said Thursday that it’s adopted a shareholders rights plan — commonly called a “poison pill” — that makes it difficult to for any entity other than Dell Inc. to acquire it.

Eden Prairie-based Compellent, which makes systems to manage data-storage tasks, said the measure was included in its merger agreement with Dell. The Dell-Compellent deal, announced Monday, is valued at $960 million.”

Read More…

Comments

Sponsors