KETCHIKAN, Alaska–(BUSINESS WIRE)–Alaska Power & Telephone Company (OTCMKTS: APTL) (the “Company”) announced today that its Board of Directors has adopted a shareholder rights plan (the “Rights Plan”) designed to protect the interests of the Company and its shareholders. The Rights Plan is designed to ensure fair and equal treatment of all shareholders in the event of an unsolicited attempt to acquire or control the Company, and to protect against coercive acquisition tactics or stealth a