TransCanada Corp. (TRP.TO: Quote,TRP: Quote) has been notified of an unsolicited mini-tender offer by TRC Capital Corp. to buy up to 2.0 million shares of TransCanada, representing some 0.28 per cent of TransCanada's outstanding common shares at a price of C$40.50 per share. TransCanada does not endorse this unsolicited mini-tender offer.
Shareholders are warned that the mini-tender offer has been made at a 4.3 percent discount to the closing price of TransCanada's shares on the Toronto Stock Exchange on June 8, 2012, the last trading day before the mini-tender offer was announced. TransCanada does not endorse TRC Capital's unsolicited mini-tender offer and is not associated with TRC Capital, the mini-tender offer, or the offer documentation.
Click here to receive FREE breaking news email alerts for TransCanada Corp. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org