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Article: Saputo Cautions Shareholders Over the Unsolicited Below Market Mini-Tender Offer Made by TRC Capital Corporation.

Article from:
Marketwire Canada
Article date:
September 30, 2009
Copyright

MONTREAL, QUEBEC, Sep 30, 2009 (Marketwire via COMTEX) -- Saputo inc. (Saputo)(TSX:SAP) announced today that it has received a copy of an unsolicited below market "mini-tender" offer made by TRC Capital Corporation (TRC) to purchase up to 3,000,000 common shares of Saputo (the Common Shares), representing approximately 1.45% of the outstanding Common Shares.

The offer price of $24.95 per share represents a 5.42% discount to the closing price of the Common Shares on the TSX on September 23, 2009 ($26.38), the day prior to the offer.

Saputo is in no way associated with TRC, its offer or the offer documentation. Shareholders who are considering tendering ...

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