ModusLink Global Solutions (MLNK -1%) adopts a shareholder rights plan a day after fund manager...

|About: ModusLink Global Solutions,... (MLNK)|By:, SA News Editor

ModusLink Global Solutions (MLNK -1%) adopts a shareholder rights plan a day after fund manager Evermore Global Advisors notified the supply-chain management company’s board it is seeking to increase its stake in the company to 7.49% from 0.8%. Evermore has been critical of MLNK management in recent months.