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Data General extends shareholder rights plan.


WESTBORO Westboro can refer to: Places
  • Westboro, Ottawa, a neighbourhood in Ottawa, Canada
  • Westboro, Topeka, a neighbourhood in Topeka, Kansas
  • Westborough, Massachusetts, United States, sometimes spelled as Westboro
  • Westboro, Missouri, United States
, Mass.--(BUSINESS WIRE)--Dec. 15, 1995--Data General Corp. today said that its board of directors has approved an extension of its shareholder rights plan to October October: see month.  2001.

The plan had been adopted in 1986 and was scheduled to expire expire /ex·pire/ (ek-spi´er)
1. to exhale.

2. to die.


ex·pire
v.
1. To breathe one's last breath; die.

2. To exhale.
 in October 1996.

The shareholder rights plan, which is similar to plans adopted by many other U.S. companies, is designed to assist Data General's stockholders in receiving fair and equal treatment in the event of any proposed takeover of the company and discourage discriminatory dis·crim·i·na·to·ry  
adj.
1. Marked by or showing prejudice; biased.

2. Making distinctions.



dis·crim
 or unfair takeover tactics.

Data General said it is not aware of any takeover activity directed at the company.

CONTACT: Data General, Westboro

Jim Dunlap, 508/898-6546
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Date:Dec 15, 1995
Words:112
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