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Article: TreeHouse Foods Announces Unsolicited 'Mini-Tender' Offer by TRC Capital to Purchase Up to 1 Million of TreeHouse Foods' Common Shares.
- Article from:
- PR Newswire
- Article date:
- July 26, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO, July 26 /PRNewswire-FirstCall/ -- On July 18, 2005, TreeHouse Foods Inc. received notice of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 1 million of TreeHouse Foods' common shares, which represents approximately 3.25% of the shares outstanding. TRC Capital's unsolicited offer of $28.75 per share was 4.55% below the $30.12 per share closing price on TreeHouse's common shares on July 12, 2005, the day before the offer commenced.
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TreeHouse Foods does not in any way recommend or endorse TRC's mini-tender offer and expresses no opinion as to whether ...