By: Benzinga
Baker Hughes Recommends Shareholders Reject $42.00/Share 'Mini-Tender Offer' by TRC Capital
Baker Hughes (NYSE: BHI ) received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 2,500,000 shares, or approximately 0.56 percent, of common stock of Baker Hughes at $42.00 per share. This offering price is 4.61 percent below the $44.03 per share closing price
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