HAMILTON, Ohio - First Financial Bancorp. adopted a shareholder rights plan but said it isn't a response to any acquisition offer.
Further, the company said it isn't aware of any offer.
Under the plan, one right is granted for each common share outstanding, effective Dec. 6 to shareholders of record that day. Each share issued after that date will also have one right attached to it. The plan "is not intended to prevent an acquisition of the corporation for a fair price," the company said.