Getting your Trinity Audio player ready...
Outboard Marine Corp., Waukegan, amended its stockholder rights plan in order to, among other things, reduce the plan`s flip-in trigger to 20 percent from 30 percent. As amended, the plan provides that if any person becomes the beneficial owner of 20 percent or more of Outboard Marine`s common stock, each right not owned by that person will enable its holder to purchase common stock worth twice the rights` exercise price.
