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

Minneapolis--(business wire)--general mills (nyse: gis) announced today that it received notice of an unsolicited “mini-tender” offer by trc capital investment corporation (“trc”) to purchase up to two million shares of general mills common stock at a price of $65.50 per share in cash. trc's offer price is 4.48% less than the $68.57 closing price per share of general mills' common stock on january 7, 2022, the last trading day before the mini-tender offer commenced. if all shares are acquired,
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