Innospec (IOSP) Terminates Stockholder Rights Plan
3/2/2012 10:33:38 AM
LITTLETON, Colo., March 1, 2012 (GLOBE NEWSWIRE) -- Innospec Inc. (Nasdaq:IOSP) announced today that its Board of Directors has approved an amendment to the Rights Agreement for its Stockholder Rights Plan ("Rights Plan") to accelerate the final expiration date of the Rights Plan to March 1, 2012. The Rights had been scheduled to expire on June 26, 2014. As a result of the amendment, as of the close of business on March 1, 2012, the Rights Plan will no longer be outstanding and will not be exercisable, and the Rights Plan will effectively terminate. Stockholders do not need to take any action as a result of this termination.
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