Walmart Inc (WMT)

[rslh1974]

O.K., Did some research and found this...

Wal-Mart receives "mini-tender" offer from TRC Capital Corp.
1 day 8 hours 36 minutes ago - DJNF

Wal-Mart Stores Inc. (WMT) is urging shareholders to reject an unsolicited "mini-tender" offer from TRC Capital Corp. dated Jan. 20, 2016 for 2 million shares of the company's common stock. The offer is for $59.88 per share, about 4.3% less than the closing price on Jan. 19. "Walmart is in no way associated with TRC and recommends that shareholders reject this unsolicited offer," the company said in a release. Wal-Mart shares are trading up 0.8% on Tuesday, at about $64. Shares are up 10.2% for the past three months compared with the an 8.4% decline for the S&P 500 for the same period.
-Tonya Garcia; 415-439-6400; [e-mail]



(END) Dow Jones Newswires

January 26, 2016 15:12 ET (20:12 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.


I found out this "TRC Capital" does this to many stocks (legally) to scare stock holders to sell there shares...