Marcam has adopted a shareholder rights plan to prevent a prospective purchaser from buying the company without offering shareholders a fair price. Michael Quinlan, the firm?s president and chief executive said the poison pill was not introduced in response to any specific offer or threat, but was designed to protect shareholders against coercive or unfair takeover tactics.
At the same time, the company also announced that the new version (4.3) of its Prism family of Enterprise Resource Planning applications was now Year 2000-compliant.
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