Rocky Mountain Chocolate Factory Announces Termination Of "Poison Pill" Effective Immediately - NewsBreak

Home > Business
By Merima in Business
Updated 3 years ago

Rocky Mountain Chocolate Factory, Inc. (RMCF) - Get Rocky Mountain Chocolate Factory, Inc. Report (the "Company" or "RMCF"), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today announced that its Board of Directors has approved the termination of the Company's stockholder rights plan, commonly referred to as a "poison pill," after receiving stockholder input and evaluating comments received from proxy advisory firm Institutional Shareholder Services ("ISS"). The termination of the stockholder rights plan is effective immediately.

rocky-mountain-chocolate-factory-announces-termination-of-poison-pill-effective-immediately-newsbreak