Snap responds to “mini-tender” offer by TRC Capital Investment Corp.
Snap Inc. announced it received notice of an unsolicited “mini-tender” offer by TRC Capital, to purchase up to 2 million shares of Snap Class A common stock at a price of $50.25 per share in cash. TRC Capital’s offer price is 4.43% below the $52.58 closing price per share of Snap’s Class A common stock on Oct. 29, 2021, the...
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