TRC Reduces Offer For Gap, Inc. To $10.15 Per Share.Business Editors TORONTO--(BUSINESS WIRE)--Oct. 2, 2002 TRC TRC Noun (in South Africa) Truth and Reconciliation Commission: a commission which encourages people who committed human rights abuses or acts of terror during the apartheid era to reveal the truth about their crimes in return for immunity from prosecution Capital Corporation (TRC) announced today that is has reduced its cash offer for up to 20,000,000 outstanding shares of The Gap, Inc. (NYSE NYSE See: New York Stock Exchange : GPS) common stock to $10.15 per share from $12.00 per share. TRC will accept for payment and will pay for all shares validly tendered prior to the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. and not properly withdrawn in accordance with the terms of the offer promptly after the expiration date. TRC will not be required to accept for payment or pay for any shares and may terminate the offer if certain conditions which, in the reasonable judgment of TRC in any such case, makes it inadvisable to proceed with the offer or with such acceptance for payment or payment. Notwithstanding, the conditions will be waived or satisfied on or before the expiration date. Investors and security holders are strongly advised to read the definitive Offer to Purchase because it contains important information. Investors can obtain a free copy of the Offer to Purchase from the depositary, CNRA CNRA Centre National de Recherche Agronomique (French) CNRA Conseil National des Radios Associatives (Spanish) CNRA California North Referee Administration CNRA Committee on Nuclear Regulatory Activities Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Inc., by calling (416) 861-9446. TRC Capital Corporation is a private investment corporation that manages a diverse investment portfolio focusing on manufacturing and other commodity and basic industries. |
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