ATT Recommends Stockholders Reject Mini-Tender Offer from Ponos Industries LLC
DALLAS--(BUSINESS WIRE)--ATT Inc.* (“ATT”) has learned that Ponos Industries LLC (“Ponos”) has made an unsolicited “mini-tender” offer, dated June 8, 2020. Ponos has offered to purchase up to 4 million shares of ATT common stock at $36.00 per share. While this price is above the current market price of ATT common stock, the offer is conditioned upon the closing price of ATT’s shares exceeding the $36.00 offer price, as noted below. The offer expires on July 10, 2020 unl
ATT Recommends Stockholders Reject Mini-Tender Offer from Ponos Industries LLC
DALLAS--(BUSINESS WIRE)--ATT Inc.* (“ATT”) has learned that Ponos Industries LLC (“Ponos”) has made an unsolicited “mini-tender” offer, dated June 8, 2020. Ponos has offered to purchase up to 4 million shares of ATT common stock at $36.00 per share. While this price is above the current market price of ATT common stock, the offer is conditioned upon the closing price of ATT’s shares exceeding the $36.00 offer price, as noted below. The offer expires on July 10, 2020 unl