TRC Amends Its Tender Offer for Emera Incorporated
TORONTO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 2,000,000 common shares of Emera Incorporated (the Company) and has decreased the offer price payable to $46.00 per share from $48.88 per share.
- TORONTO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 2,000,000 common shares of Emera Incorporated (the Company) and has decreased the offer price payable to $46.00 per share from $48.88 per share.
- These stockholders will receive the decreased offer price of $46.00 per share in TRC’s tender offer.
- TRC has amended its tender offer materials to reflect the decreased offer price and other relevant changes.
- STOCKHOLDERS CAN OBTAIN A COPY OF THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO THE TENDER OFFER BY CONTACTING THE INFORMATION AGENT FOR THE OFFER, CNRA FINANCIAL SERVICES INC. AT (416) 861-9446.