- Unsolicited mini-tender offer is below current market price for UTC shares - Shareholders who have already tendered shares advised to withdraw
- UTC urges investors to review current share price, exercise caution and consult with advisors HARTFORD, Conn.
Electronic Arts Inc. (NASDAQ: EA) received notice of an unsolicited
mini-tender offer by TRC Capital Corporation (“TRC Capital”) to purchase
up to 2 million shares of EA’s common stock at a price of $44.75 per
share in cash.
Celgene Corporation (NASDAQ:CELG) received notice of an unsolicited
“mini-tender” offer by TRC Capital Corporation to purchase up to
1,000,000 shares of Celgene’s common stock, approximately 0.13% of
outstanding shares, at $101.75 per share.
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