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Constellation Brands Recommends Shareholders Reject TRC Capital’s “Mini-Tender Offer”

Constellation Brands Recommends Shareholders Reject TRC Capital’s “Mini-Tender Offer”

VICTOR, N.Y., Feb. 11 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ) (“Constellation”) has been notified of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (“TRC”) to purchase up to 500,000 shares, or approximately 0.29 percent, of Constellation’s outstanding Class A common stock at a price of $210.00 per share in cash. TRC’s unsolicited offer price is approximately [...]