CA Technologies (CA) Declares $0.25 Quarterly Dividend; 3.2% Yield
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CA Technologies (CA) Recommends Shareholders Reject $29.75/Share Mini Tender from TRC Capital
February 9, 2015 5:18 PM ESTCA Technologies (NASDAQ: CA) received notice of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 3,000,000 shares of CA common stock, or approximately 0.68 percent of CAs outstanding common stock, at a price of $29.75 per share. CA cautions stockholders that the offer is being made at a 4.59 percent discount to the closing price of $31.18 per share for the companys common stock on February 3, 2015, the day prior to the date the offer commenced, and approximately 6.89 percent below todays closing market price of $31.95.
CA does not... More
