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-0.000580214679431274 0 -0.00145053669857839 -0.00188569770815195 -0.00333623440673034 -0.00638236147374525 -0.00565709312445606 -0.0127647229474905
Stock impact report

APi Group Recommends Shareholders Reject “Mini-Tender” Offer

APi Group Corporation (APG) 
Company Research Source: Business Wire
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada to purchase up to 3 million shares of APi common stock at an offer price of $33.40 per share.APi is not associated in any way with TRC Capital Investment or its mini-tender offer, does not endorse this unsolicited mini-tender offer, and recommends that shareholders reject the offer because the offer price is below the current market price for APi shares and is subject to numerous conditions. APi recommends that shareholders who have not responded to TRC Capital Investment’s offer take no action. The Company recommends that any shareholders who have tendered shares to TRC Capital withdraw those shares by providing the written notice described in the offering documentation before the expiration of the offer.Mini-tender offers seek to acquire less than 5 percent of a company’s Show less Read more
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