Insurer Travelers Reports ‘Mini-Tender’ Offer by TRC Capital; Advises Shareholders Reject

The Travelers Companies reported on Tuesday it has been notified that TRC Capital Investment Corp. has made an unsolicited “mini-tender” offer to purchase up to 1,000,000 shares of Travelers’ common stock at $106.75 per share. Travelers said it “does not …

from News – Insurance Journal