BETHESDA, Md., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”) has learned that certain affiliates of MacKenzie Capital Management, LP (“Purchaser”) made an unsolicited “mini-tender” offer for up to 100,000 operating partnership units (“OP Units”) of Host Hotels & Resorts, L.P. (“Host L.P.”) at a price of $10.55 per OP Unit less cash distributions made by Host L.P. after April 30, 2025 (the “MacKenzie Offer”). This follows multiple earlier “mini-tender” offers by ...

Accessibility StatementSkip Navigation MINNEAPOLIS, Sept. 22, 2025 /PRNewswire/ -- Target Corporation (NYSE: TGT)Â received notice of an unsolicited mini-tender offer by TRC Capital Corporation ("TRC Capital") to purchase up to 1,500,000 shares of Target's common stock at a price of $89.00 per share in cash, without interest. The offer is for approximately 0.33 percent of the outstanding shares of Target's common stock. Target is not affiliated with TRC Capital and does not endorse this unsolicited mini-ten ...

Core Viewpoint - Centene Corporation received an unsolicited "mini-tender" offer from TRC Capital Investment Corporation to purchase up to 4 million shares at $24.75 per share, which is below the current market price [1][2] Group 1: Company Response - Centene recommends that stockholders reject TRC's offer and evaluate the current market price of their shares, advising consultation with financial advisors [2] - The company urges investors to be cautious with mini-tender offers, as they may lead to selling securities at below-market prices [2] Group 2: Offer Details - TRC's offer is set to expire on September 4th, 2025, and may be extended [1] - Investors who have already tendered their shares can withdraw them by providing written notice before the expiration of the offer [3] Group 3: Company Overview - Centene Corporation is a Fortune 500 company focused on providing integrated healthcare services, particularly to under-insured and uninsured individuals [4] - The company serves over 1 in 15 individuals in the U.S., including Medicaid and Medicare members, and offers affordable healthcare products [4]

Core Viewpoint - Public Service Enterprise Group (PSEG) has received an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 1.5 million shares at $80.60 per share, which is below the current market price [1][2]. Group 1: Mini-Tender Offer Details - TRC Capital Investment's offer price of $80.60 is approximately 4.51% lower than PSEG's closing share price of $84.41 on July 21, 2025, and about 9.4% lower than the $88.97 closing price on August 1, 2025 [1]. - The offer represents approximately 0.3% of PSEG's outstanding shares as of the offer date [1]. - The offer is scheduled to expire at 12:00 a.m. Eastern Time on August 20, 2025, but TRC Capital Investment may extend the offering period at its discretion [2]. Group 2: PSEG's Position - PSEG is not associated with TRC Capital Investment and recommends that shareholders do not tender their shares due to the offer being below market price and subject to various conditions [2]. - Shareholders who have already tendered their shares can withdraw them at any time before the offer expires [2]. Group 3: Regulatory Context - Mini-tender offers, like the one from TRC Capital, seek to acquire less than 5% of a company's shares, allowing them to avoid many SEC disclosure and procedural requirements [3]. - The SEC has warned investors that some bidders may make mini-tender offers at below-market prices, hoping to catch investors off guard [4]. Group 4: Company Overview - PSEG operates New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers [6]. - The company owns a fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in New Jersey and Pennsylvania [6]. - PSEG is a member of the S&P 500 Index and has been recognized in the Dow Jones Sustainability North America Index for 17 consecutive years [6].

Core Viewpoint - Teck Resources Limited has received an unsolicited mini-tender offer from TRC Capital Corporation to purchase up to 2.0 million Class B subordinate voting shares at a price of $47.80, which is a 4.46% discount to the closing price on May 20, 2025 [1][2]. Group 1: Mini-Tender Offer Details - The mini-tender offer represents approximately 0.41% of Teck's outstanding Class B subordinate voting shares as of May 23, 2025 [1]. - Teck advises shareholders not to tender their shares due to the below-market price of the offer and various conditions attached to TRC's offer [3][4]. - TRC's offer includes subjective conditions and is designed to avoid many investor protections applicable to larger tender offers [4]. Group 2: Shareholder Guidance - Teck does not endorse TRC's unsolicited offer and emphasizes that shareholders should exercise caution and consult financial advisors before making decisions [4]. - The Canadian Securities Administrators have raised concerns about mini-tender offers, warning that investors might misunderstand the terms and pricing relative to market conditions [5]. - Shareholders who have tendered their shares can withdraw them before June 18, 2025, by following the procedures outlined in TRC's offer documents [7]. Group 3: Company Overview - Teck is a leading Canadian resource company focused on providing essential metals for economic development and energy transition, with operations in North and South America [11]. - The company is committed to responsible growth and stakeholder trust, with a strong portfolio in copper and zinc operations [11].

Core Points - TRC Capital Investment Corporation has made an unsolicited "mini-tender" offer to purchase up to 4 million shares of AT&T common stock at a price of $26.38 per share, expiring on June 3, 2025, unless extended [1] - AT&T advises shareholders to reject this offer as it is below the current trading price of its common stock and warns that TRC may extend the offer and delay payment [2] - The SEC has issued an alert regarding mini-tender offers, indicating that they can catch investors off guard and may lead to selling securities at below-market prices [3] Company Information - AT&T serves over 100 million U.S. families and nearly 2.5 million businesses, providing services from traditional phone calls to advanced 5G wireless and multi-gig internet offerings [5]

DAVIDSON, N.C., March 31, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced that it received notice of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation (TRC Capital) to purchase up to 1,500,00 shares of Ingersoll Rand's common stock at $77.50 per share. The offer price is approximately 4.27% below the closing price of the company's common stock on The New York Stock ...

Core Viewpoint - Microsoft Corp. has received an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 300,000 shares of its common stock at a price of $391.00 per share, representing less than 0.01% of its outstanding shares [1][2]. Group 1 - Microsoft is not affiliated with TRC and does not endorse the offer, remaining neutral and advising shareholders to consult with their brokers or financial advisors [2][3]. - The mini-tender offer is scheduled to expire on March 24, 2025, and TRC may extend or terminate the offer before this date [2]. - TRC has a history of making similar mini-tender offers for shares of other companies, which are not subject to the same disclosure and procedural requirements as larger tender offers [3]. Group 2 - Microsoft emphasizes its commitment to AI and innovative solutions, aiming to empower individuals and organizations globally [4].

Core Points - Monster Beverage Corporation has received notice of an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 2,000,000 shares of its common stock at a price of $52.95 per share, which is approximately 5.1% lower than the last closing price of $55.77 on March 10, 2025 [1][2] Company Position - The Company does not endorse TRC's unsolicited mini-tender offer and recommends that stockholders reject the offer and refrain from tendering their shares [2][5] - The mini-tender offer is below the current market price and is subject to various conditions, with the Company stating it is not associated with TRC or the offer [2][3] Mini-Tender Offer Context - Mini-tender offers aim to acquire less than 5% of a company's outstanding shares, allowing them to bypass many SEC disclosure and procedural requirements designed to protect stockholders [3][4] - The SEC has warned investors about mini-tender offers, indicating they can catch investors off guard and lead to selling securities at below-market prices [4][5] Recommendations for Stockholders - Stockholders are advised to obtain current market quotations, consult with brokers or financial advisors, and exercise caution regarding TRC's mini-tender offer [5][6]