Monster beverage corporation recommends stockholders reject “mini-tender” offer by trc capital investment corporation

Corona, calif., march 14, 2025 (globe newswire) -- monster beverage corporation (nasdaq: mnst) today announced that it has received notice that trc capital investment corporation (“trc”) commenced an unsolicited “mini-tender” offer to purchase up to 2,000,000 shares of the company's common stock, which represents approximately 0.2% of the company's outstanding common stock, at a price of $52.95 per share in cash. trc's offer price of $52.95 is approximately 5.1% less than the closing price of $55.77 of the company's common stock on march 10, 2025, the last trading day before the date of the offer.
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