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.
CA does not endorse TRC Capitalâs offer and recommends that stockholders reject the offer because the offer price is below the current market price for CA shares and is subject to numerous conditions, including TRC Capitalâs obtaining sufficient financing necessary to consummate the offer.A cautions stockholders that the offer is being made at a 4.59 percent discount to the closing price of $31.18 per share for the companyâs common stock on February 3, 2015, the day prior to the date the offer commenced, and approximately 6.89 percent below todayâs closing market price of $31.95.