Amgen Announces Termination Of Poison Pill Effective July 31, 2006

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--July 11, 2006--Amgen (NASDAQ:AMGN - News) announced today that the company's board of directors has voted unanimously to terminate the company's stockholder rights plan, commonly referred to as a "poison pill." Originally scheduled to expire on December 12, 2010, the plan has been amended to accelerate the expiration date to July 31, 2006, effectively terminating the plan as of that date.
MORE ON THIS TOPIC