Centene (CNC) received notice of an unsolicited “mini-tender” offer from TRC Capital Investment dated August 5th. Centene is in no way affiliated with TRC. TRC has offered to purchase up to 4 million shares of Centene’s common stock at $24.75 per share, and this offer expires on September 4th, subject to potential extension by TRC. This is below the current market price of Centene’s common stock. Centene recommends stockholders reject TRC’s offer and urges investors to assess the current market price of their shares as well as consult with their financial advisors.
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