Workflow
Bristol Myers Squibb Recommends Stockholders Reject "Mini-Tender" Offer by Tutanota LLC
BMYBristol-Myers Squibb(BMY) Businesswire·2024-02-15 05:16

PRINCETON, N.J.--(BUSINESS WIRE)--Bristol Myers Squibb (NYSE: BMY) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (“Tutanota”) to purchase up to five hundred thousand shares of Bristol Myers Squibb’s common stock, representing significantly less than one percent of Bristol Myers Squibb’s common stock outstanding, at an offer price of $55 per share (“Offer Price”). The offer is conditioned on, among other things, the closing price per share of Bristol Mye ...