Johnson & Johnson recommends shareholders reject “mini-tender” offer by Tutanota

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) today announced that it has received notice of an unsolicited mini-tender offer by Tutanota LLC, a limited liability company established pursuant to the laws of the Island of Nevis to purchase up to 500,000 shares of Johnson & Johnson common stock at a price of $145.00 per share in cash. Tutanota's offer price of $145.00 per share was well below the closing price of Johnson & Johnson common stock on September 26, 20. ...