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Regeneron Pharmaceuticals (REGN) says it's been notified of an unsolicited "mini-tender" offer...
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Friday, January 4, 5:04 PM ETRegeneron Pharmaceuticals (REGN) says it's been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 1M shares, or approximately 1.06%, of the outstanding float at a price of $161.25 per share. REGN] recommends that shareholders reject the offer because it's only a "mini-tender," priced below the current market and subject to numerous conditions.
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Good luck with that.......