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Restaurant Brands Recommending Shareholders Reject NYSB's "Mini-Tender Offer"
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Restaurant Brands Recommending Shareholders Reject NYSB's "Mini-Tender Offer"
May 26, 2025 9:03 AM

04:27 PM EDT, 05/15/2025 (MT Newswires) -- Restaurant Brands International (QSR.TO, QSR) at the close of trade Thursday said it was notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC to purchase up to 100,000 of its shares, or approximately 0.03% of the company's outstanding shares, at a price of US$44.00 per share.

RBI in a statement cautions shareholders that the mini-tender offer has been made at a price below market price for RBI shares. It noted the offer represents a discount of 30% on the NYSE closing price its shares on April 21, the last trading day before the mini-tender offer commenced.

The company's shares were last seen down US$0.41 to US$69.27 in after-hours New York trading. They closed up $2.21 to $97.21 n the Toronto Stock Exchange.

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