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Medical News Article on ZOLL Medical Corporation
ZOLL Medical Corporation Renews Shareholder Rights Plan
2008 MAY 5 -- ZOLL Medical Corporation (NASDAQGS: ZOLL), a manufacturer of resuscitation devices and software solutions, announced that its Board of Directors has renewed its Shareholder Rights Plan, which was originally adopted by ZOLL's Board of Directors in June 1998. Richard A. Packer, President and Chief Executive Officer of ZOLL, stated, "The Board believes that a Shareholders Rights Plan continues to enhance its ability to protect shareholder interests and ensures that shareholders receive fair treatment in the event of any coercive takeover attempt. The Plan is intended to provide the Board with sufficient time to consider any and all alternatives to such an action....
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