Intersil crafts poison pill plan

September 2, 2003 – Intersil Corp., Milpitas, CA, a maker of power management chips, says it has adopted a shareholder rights plan as an anti-takeover measure, although it claims to be aware of no such effort currently being made. The plan would kick in if a hostile takeover candidate acquires more than 20% of the company’s common stock.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.