other material
confidence high
sentiment neutral
materiality 0.50
Investors Title extends poison pill to 2032, raises purchase price to $525
INVESTORS TITLE CO
- Rights agreement extended from Oct 31, 2022 to Sep 30, 2032.
- Purchase price increased from $220 to $525 per one-hundredth of a preferred share.
- New 'Acting in Concert' definition triggers rights when parties act together to influence control.
- Other technical and conforming changes made to the agreement.