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 Corporation（「Fortive」）（紐約證券交易所代碼：FTV）已收到通知，TRC資本投資公司（「TRC」）主動提出了 「小額要約」，要求TRC以每股75.00美元的價格以現金購買Fortive已發行普通股的150萬股，約佔0.44％。TRC的每股要約價爲75.00美元，比2024年12月6日Fortive普通股每股收盤價折價4.93％，即TRC主動提出小額招標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主動提出的要約，因爲除其他原因外，要約價格低於Fortive普通股的當前市場價格。該優惠還受許多條件的約束。Fortive還建議，任何向TRC投標股票的股東在要約到期前通過提供發行文件中描述的書面通知來撤回這些股票，該要約目前定於2025年1月9日紐約時間晚上 11:59 之後一分鐘進行。
Fortive is not associated with TRC, its mini-tender offer or the mini-tender offer documentation.
Fortive與TRC、其小型招標報價或小型投標要約文件無關。