Quadra Logic Technologies Inc. said Wednesday that it hasadopted a stockholder rights plan designed to prevent a hostiletakeover. The plan, which the Vancouver, British Columbia,company (NASDAQ:QLTIF) said was not in response to anyoverture, would be triggered by an investor acquiring 20percent of shares outstanding. Stockholders would receiverights to buy shares of stock at a substantial discount.
(c) 1997 American Health Consultants. All rights reserved.