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Bank of America Recommends Shareholders Reject “Mini-Tender” Offer by Tutanota LLC

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CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced that it recently learned of an unsolicited “mini-tender” offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $47 per share. The offer price of $47 per share is conditioned on, among other things, the closing price per share of Bank of America’s common stock exceeding $47 per share on the last trading day before the offer expires. This means th

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