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Masco Urges Shareholders To Reject $64/Share Mini-Tender Offer by TRC Capital

Author: Benzinga Newsdesk | June 12, 2024 05:23pm

Masco has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada to purchase up to 2 million outstanding shares at a price of $64.00 per share in cash, which is approximately 4.68 percent lower than the $67.14 closing share price of Masco's common stock on June 10, 2024, the last trading day prior to the date of the offer. 

Posted In: MAS


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