Syneron Medical Terminates Shareholder Rights Plan

Syneron Medical Ltd. ELOS today announced that its Board of Directors has terminated the shareholder rights plan, effective May 31, 2011. The shareholder rights plan was adopted on November 11, 2008 after a decline in the market price of Syneron's common stock to ensure that all Syneron shareholders would be treated fairly in the event of any unsolicited takeover of the company.
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