International Paper urges shareholders to reject recent offer
Memphis-based International Paper is urging its shareholders to reject a recent offer to sell their shares at more than 4% lower than the company’s price. (Courtesy International Paper)
A mini-tender offer is an offer made to buy a company’s shares directly from its current investors, usually in an amount less than 5% of issued stock.
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Rob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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