Fortive Recommends Rejection By Shareholders Of The Mini-Tender Offer By TRC Capital Investment Corp To Purchase For Cash Up To 1,500,000 Shares, Or ~0.44%, Of The Outstanding Common Stock, At A Price Of $75.00 Per Share
Fortive Recommends Rejection By Shareholders Of The Mini-Tender Offer By TRC Capital Investment Corp To Purchase For Cash Up To 1,500,000 Shares, Or ~0.44%, Of The Outstanding Common Stock, At A Price Of $75.00 Per Share
Fortive Corporation ("Fortive") (NYSE:FTV) has been notified of an unsolicited "mini-tender offer" by TRC Capital Investment Corporation ("TRC") for TRC to purchase for cash up to 1,500,000 shares, or approximately 0.44%, of the outstanding common stock of Fortive, at a price of $75.00 per share. TRC's offer price of $75.00 per share represents a 4.93% discount to the closing price per share of Fortive's common stock on December 6, 2024, the last trading day before the commencement of TRC's unsolicited mini-tender offer.
Fortive公司（"Fortive"）（纽交所：FTV）已被通知，TRC资本投资公司（"TRC"）提出了一项非自愿的"迷你招标报价"，TRC计划以现金购买多达1,500,000股，即约0.44%的Fortive流通普通股，报价为每股75.00美元。TRC的报价75.00美元每股比Fortive普通股在2024年12月6日的收盘价低4.93%，这是TRC未请求的迷你招标报价开始前的最后一个交易日。
Fortive recommends that shareholders reject TRC's unsolicited offer because, among other reasons, the offer price is below the current market price for shares of Fortive common stock. The offer also is subject to numerous conditions. Fortive also recommends that any shareholders who have tendered shares to TRC withdraw those shares by providing the written notice described in the offering documentation before the expiration of the offer, which is currently scheduled for one minute after 11:59 p.m., New York City Time, on January 9, 2025.
Fortive建议股东拒绝TRC的非自愿报价，原因之一是报价低于Fortive普通股的当前市场价格。该报价还附带众多条件。Fortive还建议所有已向TRC投标的股东，通过提供在招标文件中说明的书面通知，在报价到期之前撤回这些股份，目前报价的到期时间定于2025年1月9日晚上11:59（纽约市时间）后的一分钟。
Fortive is not associated with TRC, its mini-tender offer or the mini-tender offer documentation.
Fortive与TRC及其迷你招标报价或迷你招标报价文件没有关联。
