Drugs, in the majority of circumstances, have 3 types of names: chemical names, the most important of which is the IUPAC name; generic or nonproprietary names, the most important of which are the International Nonproprietary Names (INNs); and trade names, which are brand names.
Targeted. TRC Capital, based in Toronto, is a private investment firm, founded and led by its CEO Lorne Albaum, a âsecurities lawyerâ who runs the eponymous legal firm Albaum & Associates.lthough TRC isnât the only firm making such âmini-tendersâ it's undoubtedly the most prolix practitioner. In essence, what it does is offer to buy securities (stocks or shares) in a company which always amounts to less than 5% of the company's total equity.
TRC has offered to purchase up to 3 million shares of AT&T stock at $31.30 per share, or 4.3 percent below AT&Tâs closing share price on August 26, 2015. AT&T is in no way associated with TRC Capital Corporation and recommends that shareholders reject this unsolicited offer.Mini-tender offers seek less than 5 percent of a companyâs outstanding shares.T&T requests that a copy of this news release be included with all distributions of materials related to TRCâs offer for shares of AT&T common stock.