Colgate recommends shareholders reject “mini-tender” offer by trc capital investment corporation

New york--(business wire)--colgate-palmolive company (“colgate”) has received notification of an unsolicited “mini-tender” offer by trc capital investment corporation (“trc”) to purchase up to 1.5 million shares, or approximately 0.18% of the outstanding common stock of colgate as of march 31, 2021, at a price of $80.63 per share in cash. trc's offer price is 4.46% less than the $84.39 closing price per share of colgate's common stock on july 16, 2021, the last trading day before the mini-tende
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