Borgwarner recommends stockholders reject the below market mini-tender offer by trc capital investment corporation

Auburn hills, mich. , feb. 22, 2024 /prnewswire/ -- borgwarner inc. (nyse: bwa) ("the company") today announced that it has received notice of an unsolicited mini-tender offer by trc capital investment corporation of ontario, canada, to purchase up to 4 million shares of borgwarner common stock at a price of $28.80 per share in cash.
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