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General Electric Company (NYSE: GE) received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation to purchase up to 1 million shares of GE common stock, representing ~0.09% of the shares outstanding, for $99/share in cash. TRC Capital’s offer price is 4.62% less than the $103.80 closing price on September 24, 2021, the last trading day before the mini-tender offer commenced.
...read full article on Benzinga
