Entergy Recommends Shareholders Do Not Tender in Response to Mini-Tender Offer by TRC Capital Corp.
June 20, 2019
June 20, 2019
NEW ORLEANS, Louisiana, June 20 -- Entergy issued the following news release:
Entergy Corporation (NYSE: ETR) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares of Entergy common stock, representing approximately 0.53% of Entergy's outstanding shares as of April 30, 2019.
TRC's offer price of $97.50 is 4.45% below the closing price of Entergy's common stock on June 14, 2019, the last trading day prior to t . . .
Entergy Corporation (NYSE: ETR) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares of Entergy common stock, representing approximately 0.53% of Entergy's outstanding shares as of April 30, 2019.
TRC's offer price of $97.50 is 4.45% below the closing price of Entergy's common stock on June 14, 2019, the last trading day prior to t . . .