BRIEF-Avigilon updates shareholder rights plan, sets trigger at 20 pct

Thu May 26, 2016 8:15am EDT
 
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May 26 (Reuters) - Avigilon Corp :

* Sets trigger at 20 percent

* New rights plan to provide additional time for shareholders to consider bid, for board to consider strategic alternatives

* Refreshed shareholder rights plan in line with recent amendments to canadian take-over bid regulations that came into force on may 9

* Avigilon updates shareholder rights plan Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)