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Johnson & Johnson urges shareholders to rebuff TRC Capital mini-tender

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Mario Tama

  • Johnson & Johnson (NYSE:JNJ) is urging its shareholders to reject a mini-tender offer from TRC Capital Investment Corp. of up to 1M shares.
  • TRC Capital’s cash offer is $151.23 per share. J&J shares closed Thursday at $152.50. On April 2, the day before the offer
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