Trechos do comunicado da TI sobre isso:
"TI recommends that shareholders reject the offer and not tender their shares in response because the offer is at a price below the current market price for TI shares and is subject to many conditions, including TRC Capitals right to terminate or amend the offer if the market price of TI stock decreases or TRC Capital fails to obtain necessary financing.
Mini-tender offers such as this one avoid many of the investor protections afforded for larger tender offers, including the filing of disclosure and other tender offer documents with the Securities & Exchange Commission (SEC) and other protections mandated by United States securities laws.
TRC Capital has initiated mini-tender offers for the stock of a number of different companies. The SEC has issued an investor publication cautioning investors and offering tips about mini-tender offers."
TI recommends shareholders reject "mini-tender offer" - Oct 12, 2018