Marathon petroleum corp. recommends shareholders reject mini-tender offer from trc capital investment corp.

Findlay, ohio , jan. 4, 2023 /prnewswire/ -- marathon petroleum corp. (nyse: mpc) has received notification of an unsolicited mini-tender offer by trc capital investment corp. (trc) to purchase up to 1,500,000 shares, which is less than 1% of mpc's outstanding common stock, at a price of $105.00 per share in cash. trc's offer price is approximately 4.33% lower than the closing price of mpc's common stock on december 16, 2022, the last trading day prior to its stated commencement of the offer.
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