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Restaurant Brands International Recommending Shareholders Reject NYSB's "Mini-Tender Offer"
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Restaurant Brands International Recommending Shareholders Reject NYSB's "Mini-Tender Offer"
Oct 15, 2025 2:45 PM

05:16 PM EDT, 10/15/2025 (MT Newswires) -- Restaurant Brands International (QSR.TO, QSR) after trade Wednesday said it has been notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC to purchase up to 10,000 RBI shares at a price of US$28.80 per share.

RBI was at last look up 2.8% at US$68.67 in US after hours trade on the NYSE.

RBI's statement noted NYSB's offer price of US$28.80 represents a discount of 54.89% to the NYSE closing price of US$63.85 for RBI shares on Sept.16, the last trading day before the mini-tender offer was launched. RBI cautions shareholders that the mini-tender offer has been made at a price significantly below the market price for RBI shares.

The company's shares closed up $0.93, or 1%, to $97.35 on the Toronto Stock Exchange.

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