Illumina Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Corporation
SAN DIEGO–(BUSINESS WIRE)–Illumina, Inc. (“Illumina”) (NASDAQ: ILMN) has been notified of an unsolicited “mini-tender offer” by TRC Capital Corporation (“TRC”) to purchase up to 500,000 shares of Illumina common stock at a price of $268.80 per share in cash. TRC’s offer is subject to a number of conditions, including TRC’s ability to obtain sufficient financing.... Read more