(BFW) Baxalta Recommends Holders Reject ‘Mini-Tender’ Offer From TRC


BFW 08/06 20:01 *BAXALTA RECOMMENDS HOLDERS REJECT “MINI-TENDER” OFFER BY TRC

Baxalta Recommends Holders Reject ‘Mini-Tender’ Offer From TRC
2015-08-06 20:10:35.210 GMT


By Catherine Larkin
(Bloomberg) -- Baxalta says it recently became aware of
unsolicited offer by TRC Capital to purchase up to 3m shrs
(~0.44%) of BXLT at price of $35.45.

* Says offer price is 4.45% below closing price on Aug. 4, day
before offer
* NOTE: BXLT said Aug. 4 that it rejected unsolicited takeover
offer from Shire Link
Statement:Link

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To contact the reporter on this story:
Catherine Larkin in Chicago at +1-312-443-5968 or
clarkin4@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Catherine Larkin