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Stock Market & Financial Investment News

News Breaks
May 5, 2014
04:55 EDTEOPN, EOPNE2open management to meet with Pacific Crest
Meeting to be held in Boston on May 6 hosted by Pacific Crest.
News For EOPN From The Last 14 Days
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January 16, 2015
09:12 EDTEOPNOn The Fly: Pre-market Movers
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08:32 EDTEOPNE2open adopts one year stockholder rights plan
E2open announced that its board has unanimously adopted a stockholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of E2open's common stock. The Rights Plan has a term of one year. The board adopted the Rights Plan in order to help promote the fair and equal treatment of all stockholders and enable them to realize the long-term value of their investment in E2open. The Rights Plan is also designed to reduce the likelihood that any person or group would gain control of E2open through open market accumulation or other coercive tactics without paying an appropriate control premium. The Rights Plan is not intended to interfere with any transaction approved by the Board of Directors. Pursuant to the Rights Plan, E2open will issue one preferred stock purchase right for each share of common stock outstanding at the close of business on January 26, 2015. Each right will entitle stockholders to buy one one-thousandth of a share of Series A participating preferred stock at an exercise price of $30.00. Initially, these rights will not be exercisable and will trade with E2open's common stock.

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