Ingersoll Rand Urges Shareholders to Reject Tender Offer

MT Newswires Live

2025/03/31

Ingersoll Rand (IR) said it urged shareholders to reject an unsolicited "mini-tender" offer by TRC Capital Investment to buy up to 1.5 million shares at $77.50 per share, about 4.27% below the closing price of the company's common stock on March 21, the last trading day before the offer.

Ingersoll Rand said it does not endorse TRC Capital's offer and has no connection with TRC Capital.

Ingersoll Rand shares were down more than 1% in recent premarket activity.

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