ROGERS <ROG> ADOPTS RIGHTS PLAN
Rogers Corp said its board
approved a shareholder rights plan designed to protect its
shareholders in the event of an attempted hostile takeover.
    Rogers said the plan is not being adopted in response to
any specific takeover attempt.
    Under the plan, shareholders may buy one share of common
stock at 65 dlrs for each share held. The rights will be
exercisable only if a person or group acquires 20 pct or more
of Rogers' shares or announces an offer for 30 pct or more.
    The dividend distribution will be made March 30 to holders
or record on that date.
 Reuter
