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"）（紐交所：FTV）已被通知，TRC資本投資公司（"TRC"）提出了一項非自願的"迷你招標報價"，TRC計劃以現金購買多達1,500,000股，即約0.44%的Fortive流通普通股，報價爲每股75.00美元。TRC的報價75.00美元每股比Fortive普通股在2024年12月6日的收盤價低4.93%，這是TRC未請求的迷你招標報價開始前的最後一個交易日。
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建議股東拒絕TRC的非自願報價，原因之一是報價低於Fortive普通股的當前市場價格。該報價還附帶衆多條件。Fortive還建議所有已向TRC投標的股東，通過提供在招標文件中說明的書面通知，在報價到期之前撤回這些股份，目前報價的到期時間定於2025年1月9日晚上11:59（紐約市時間）後的一分鐘。
Fortive is not associated with TRC, its mini-tender offer or the mini-tender offer documentation.
Fortive與TRC及其迷你招標報價或迷你招標報價文件沒有關聯。
