Latest Mini-tender offer Stories

CLEVELAND and CLEARWATER, Fla., May 7, 2013 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm") (NYSE: TDG) and Aerosonic Corporation ("Aerosonic") (NYSE MKT: AIM) today announced that TransDigm's indirect wholly owned subsidiary, Buccaneer Acquisition Sub Inc. ("Purchaser"), has commenced a tender offer to acquire all of the outstanding shares of Aerosonic common stock for $7.75 per share in cash, without interest and less any applicable withholding taxes (the "Offer"). The...

HOUSTON, April 23, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 2,500,000 shares, or approximately 0.56 percent, of common stock of Baker Hughes at $42.00 per share. This offering price is 4.61 percent below the $44.03 per share closing price of Baker Hughes shares on April 17, 2013, the day before the offer. In addition, TRC may terminate or amend its offer if...

ST. LOUIS, April 9, 2013 /PRNewswire/ -- Express Scripts Holding Company ("Express Scripts") (NASDAQ: ESRX) today announced that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 2 million shares of Express Scripts common stock, or approximately 0.24 percent of shares outstanding, at $55.75 per share, which is approximately 2.7 percent below the closing share price of Express Scripts common stock on April 8, 2013 ($57.27). Express...

HOUSTON, March 15, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) has received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 1.5 million shares, or approximately 0.38 percent, of Apache's outstanding common stock at $72.00 per share, which was 4.65 percent below Apache's closing share price on March 11, 2013, the day prior to the offer. Apache does not endorse TRC's offer and recommends that shareholders reject the offer...

FORT WAYNE, Ind., March 12, 2013 /PRNewswire/ -- Steel Dynamics, Inc. (the "Company") (NASDAQ/GS: STLD) today announced that it has commenced a cash tender offer (the "Tender Offer") for any and all of the $500 million aggregate principal amount of its 6¾% Senior Notes due 2015 (CUSIP No. 858119AH3; ISIN US858119AH34) (the "Notes"). Concurrently with the Tender Offer, the Company is soliciting consents (the "Consent Solicitation" and together with the Tender Offer, the "Offer") from...

TARRYTOWN, N.Y., Jan. 4, 2013 /PRNewswire/ -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 1 million shares, or approximately 1.06%, of the outstanding Regeneron common stock at a price of $161.25 per share. TRC's offer price represents approximately a 4.46% discount to the closing price of Regeneron common stock on December 27, 2012, the last closing price prior to commencement of...

CANTON, Ohio, Nov. 9, 2012 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) has received notification of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,000,000 shares (approximately 2.1 percent) of outstanding common stock of The Timken Company at a price of $39.30 per share. The offer price was 4.75 percent below the closing price on November 6, 2012, the day before the offer commenced. (Logo:...

ABBOTT PARK, Ill., Oct. 26, 2012 /PRNewswire/ -- Abbott (NYSE: ABT) announced today that it has commenced cash tender offers (the "Tender Offers") for nine series of its outstanding notes. The Tender Offers are being made pursuant to an Offer to Purchase, dated Oct. 26, 2012 (the "Offer to Purchase") and related Letter of Transmittal, dated Oct. 26, 2012 (the "Letter of Transmittal"), which set forth a description of the terms of the Tender Offers. Abbott intends to fund a portion...

SAO PAULO, Oct. 22, 2012 /PRNewswire/ -- Construtora Norberto Odebrecht S.A. ("CNO"), through its affiliate Odebrecht Finance Ltd. (the "Company"), today announced that it has commenced (i) an offer to purchase for cash (the "2020 Notes Tender Offer") any and all of the Company's outstanding 7.000% Senior Notes due 2020 (the "2020 Notes") and (ii) an offer to purchase for cash (the "2023 Notes Tender Offer" and, together with the 2020 Notes Tender Offer, the "Tender Offers") the...

BRISTOL, Va., Oct. 12, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha") today announced the early tender results of the previously announced cash tender offer by Alpha and Alpha Appalachia Holdings, Inc. (formerly Massey Energy Company) (the "Issuer" and, together with Alpha, the "Offerors"), for up to $350 million aggregate principal amount (the "Tender Cap Amount") of the outstanding 3.250% Convertible Senior Notes due 2015 issued by the Issuer (the "Notes")...