	datacard datc o adopts dividend rights plan datacard corp said it adopted a dividend rights plan in response to deluxe check printers inc dlx having agreed to sell its pct interest in datacard to national computer systems inc nlcs o datacard declared a dividend distribution of one preferred stock purchase right on each outstanding share its common stock the dividend is designed to deter national computer or other potential suitors from preventing datacard from evaluating all alternatives to maximize shareholder value datacard said national computer told reuters june it could make a bid for datacard on june datacard filed suit in hennepin county district court in minnesota to block the sale of the pct stake of its stock to national computer in announcing the rights plan datacard said it is not designed to deter takeovers that would be consistent with the objective of maximizing stockholders value to all of datacard s stockholders the rights will not become exercisable until days after an announcement that a person or group has uired beneficial ownership of pct or more of datacard s common stock once exercisable each right would entitle a holder to buy th of a share of datacard series a junior participation preferred stock for dlrs holders other than an uirer would be entitled to purchase for six months after the right becomes exercisable a number of shares of the new preferred stock with a market value equal to twice the exercise price of the rights the rights dividend distribution is payable july to shareholders of record july reuter 
