Synchrony Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Corporation
Synchrony Financial announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) to purchase up to 2.5 million shares of Synchrony’s common stock at a price of $47.00Â per share in cash. The offering price is 4.47 percent below the closing price per share of Synchrony’s......