Masco corporation recommends shareholders reject the below-market mini-tender offer by trc capital investment corporation

Livonia, mich.--(business wire)--masco corporation (nyse: mas) 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 2 million outstanding shares of masco common stock at a price of $64.00 per share in cash. trc capital investment's offer price of $64.00 per share is approximately 4.68 percent lower than the $67.14 closing share price of masco's common stock on june 10, 2024, the last trading da.
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