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November 26, 2013
08:05 EDTAROAeropostale adopts limited term stockholders rights plan
Aeropostale announced that its Board of Directors has adopted a limited term stockholder rights plan effective November 26. The Plan is not intended to prevent an acquisition of the Company on terms that the Board considers favorable to, and in the best interests of, all stockholders. Rather, the Plan aims to provide stockholders with adequate time to fully assess a takeover bid, and, if appropriate, allow the Board time to explore alternatives to maximize stockholder value. This action is designed to ensure the fair and equal treatment of stockholders in connection with any initiative to acquire control of the Company through coercive or abusive takeover techniques.
News For ARO From The Last 14 Days
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April 11, 2014
09:04 EDTAROAeropostale price target lowered to $5 from $7.50 at BofA/Merrill
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April 9, 2014
10:06 EDTAROOn The Fly: Analyst Downgrade Summary
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April 8, 2014
17:04 EDTAROAeropostale downgraded to Underweight from Neutral at Piper Jaffray
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