Sylvamo adopts shareholder rights plan

Memphis, tenn.--(business wire)---- $slvm #theworldspaperco--sylvamo's (nyse: slvm) board of directors unanimously adopted a limited-duration shareholder rights plan to protect the interests of all shareholders. the rights plan is effective immediately. the board adopted the plan after atlas holdings confirmed it entered into a block trade that would give atlas nearly 14% of sylvamo's outstanding shares and informed sylvamo it also holds an unspecified amount of derivatives on sylvamo shares. sylvamo's leaders maintain op
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