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Ingersoll Rand Urges Shareholders to Reject Tender Offer
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Ingersoll Rand Urges Shareholders to Reject Tender Offer
Mar 31, 2025 6:12 AM

08:45 AM EDT, 03/31/2025 (MT Newswires) -- 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 ( IR ) said it does not endorse TRC Capital's offer and has no connection with TRC Capital.

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

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