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Target Corporation (NYSE:TGT) received notice of an unsolicited mini-tender offer by TRC Capital Corporation ("TRC Capital") to purchase up to 1,500,000 shares of Target's common stock at a price of $89.00 per share in cash, without interest. The offer is for approximately 0.33 percent of the outstanding shares of Target's common stock.
Target is not affiliated with TRC Capital and does not endorse this unsolicited mini-tender offer. Target is not associated with TRC Capital, its mini-tender offer, or the mini-tender offer documentation.
Target expresses no opinion on TRC Capital's offer and encourages shareholders to obtain current market quotations for their shares of Target common stock, consult with their brokers or financial advisors, review the terms and conditions of TRC Capital's offer, and exercise caution with respect to the offer. TRC Capital's offer is currently scheduled to expire one minute after 11:59 p.m., Eastern Time, on October 6, 2025.
Posted In: TGT
