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General Electric Company Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Investment Corporation

General Electric Company Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Investment Corporation

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BOSTON–(BUSINESS WIRE)–GE (NYSE: GE) today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (TRC Capital) to purchase up to 1,000,000 shares of GE common stock, which represents approximately 0.09% of the shares outstanding, at a price of $99.00 per share in cash. TRC Capital’s offer price is 4.62% less than the $103.80 closing price per share of GE’s common stock on September 24, 2021, the last trading day before the mini-tender of

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