Wholesale pharmaceutical distribution and services company AmerisourceBergen Corp. is recommending its stockholders reject an unsolicited “mini-tender” offer from TRC Capital Corp.
TRC, a private investment and asset management company based in Toronto, is seeking to purchase up to 1.5 million shares of the Valley Forge, Pennsylvania, company’s stock for $74 per share. The volume of shares represents just under 1 percent of AmerisourceBergen’s outstanding common stock.
That offer price,…
Wholesale pharmaceutical distribution and services company AmerisourceBergen Corp. is recommending its stockholders reject an unsolicited “mini-tender” offer from TRC Capital Corp.
TRC, a private investment and asset management company based in Toronto, is seeking to purchase up to 1.5 million shares of the Valley Forge, Pennsylvania, company’s stock for $74 per share. The volume of shares represents just under 1 percent of AmerisourceBergen’s outstanding common stock.
That offer price,…