Skye unveils shareholders’ rights plan to ward off hostile takeovers

Dec 19, 2006 | 07:55 AM | Meghann McDonell

Skye Resources Inc. is making a move to ward off potential hostile bidders through the adoption of a shareholders' rights plan.

Vancouver, British Columbia,-based Skye said the rights plan is designed to protect the interests of shareholders should the company, which is still in the development phase of a nickel mining project in Guatemala, be acquired.....

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