Freightcar America Adopts A Limited Duration Stockholder Rights Plan; Rights Plan Replaces Existing Plan Expiring August 5, 2026
Benzinga Newsdesk 2 months ago
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FreightCar America, Inc. (NASDAQ:RAIL) (the "Company" or "FreightCar") announced today that its Board of Directors (the "Board") has adopted a limited duration stockholder rights plan (the
FreightCar America, Inc. (NASDAQ:RAIL) (the "Company" or "FreightCar") announced today that its Board of Directors (the "Board") has adopted a limited duration stockholder rights plan (the "Rights Plan") to protect the best interests of all FreightCar America, Inc. stockholders. The Rights Plan is intended to replace the Company’s existing limited duration rights plan, which expires on August 5, 2026.