Charlotte Russe Holding Corp. said Thursday its board adopted a stockholder rights plan, also known as a poison pill, which companies often use to discourage hostile takeovers. The specialty retailer emphasized that the move was not in response to a specific proposal.
The plan applies to shareholders of record at the close of business on Aug. 25. Those shareholders will receive rights to purchase shares of a new series of preferred stock.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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