Disney recommends shareholders reject mini-tender offer by trc capital investment

Burbank, calif.--( business wire )--the walt disney company (nyse: dis) recently became aware that trc capital investment corp. (trc) has made an unsolicited mini-tender offer to purchase up to 1,500,000 shares of disney common stock, and, per a press release issued by trc on december 28, 2022 (the trc press release), has amended the terms of such offer to decrease the offer price payable to $85.00 a share, down from a prior offer price of $89.15 a share.
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