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BRIEF-Paychex says has been notified of unsolicited mini-tender offer by TRC Capital to buy up to 2 mln Paychex common shares for $54.75/share‍​
September 11, 2017 / 9:43 PM / 9 days ago

BRIEF-Paychex says has been notified of unsolicited mini-tender offer by TRC Capital to buy up to 2 mln Paychex common shares for $54.75/share‍​

Sept 11 (Reuters) - Paychex Inc:

* Paychex - has been notified of unsolicited mini-tender offer by TRC Capital Corp to buy up to 2 million Paychex common shares for $54.75/share‍​

* Paychex Inc - TRC indicated that tender offer is made solely for investment purposes, with “no intent to influence” co’s board of directors or management‍​

* Paychex Inc - does not endorse unsolicited mini-tender offer, recommends shareholders do not tender their shares in response to offer - sec filing‍​ Source text (bit.ly/2gX1XPM) Further company coverage:

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