OMAHA -- Firstier Financial Inc., said that its board of directors has adopted a stockholders' rights plan to deter unfair takeover tactics and to prevent a potential acquirer from gaining control of the company without offering equal treatment to all Firstier stockholders.
However, the $3.2 billion-as-set company said it is not aware of any specific effort to acquire it, nor was the plan adopted to counter a specific attempt.
Firstier also said the plan is designed to enhance the ability of its stockholders to realize the long-term value of their investment.
The board has declared a dividend distribution of one "right" for each outstanding share of Firstier common stock to shareholders of record at the close of business Jan. 5.
