(NYSE:PG) CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) today announced that it has been notified of an unsolicited âmini-tenderâ offer by Tutanota LLC (Tutanota) to purchase up to 500,000 shares of the Companyâs common stock at a price of $128 per share. The offer is conditioned on, among other things, the closing price per share of P&G stock exceeding $128 on the last trading day before the offer expires. This means that unless this condition is waived by Tutanota, P&G
Related Questions
How likely is Tutanota to waive the $128 price condition, and what are the implications if the condition remains in place?
What potential impact could the unsolicited miniâtender have on P&Gâs share liquidity and shortâterm price volatility?
How does this miniâtender compare to typical tender offers in the consumerâgoods sector, and what does it suggest about insider sentiment or strategic intent?