Sherwin-Williams ([[SHW] +2.5%) says it's received an unsolicited, below-market mini-tender...
Sherwin-Williams ([[SHW] +2.5%) says it's received an unsolicited, below-market mini-tender offer from TRC Capital to purchase up to 1M shares, approximately 0.97%, of its float, at $129.50 per share. The company recommends shareholders reject the offer. This isn't the first time TRC has tried to low-ball a bid for a company, it's made simlilar offers for Ford (F), Marathon Petroleum (MRO) and a number of other companies in what the SEC calls an attempt to "catch investors off guard."
From other sites
Video at CNBC.com (Thu, 1:00PM)
Video at CNBC.com (Thu, 5:00AM)
Video at CNBC.com (Tue, 1:05PM)
Video at CNBC.com (Tue, 7:01AM)
Video at CNBC.com (Jul 21, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs