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Canada Packers Inc. ( (TSE:CPKR) ) has shared an announcement.
Canada Packers Inc. has advised its shareholders to reject an unsolicited mini-tender offer from TRC Capital Investment Corporation, which aims to purchase up to 3.36% of the company’s common shares at a below-market price. The company highlights that such offers often bypass investor protections and could mislead investors, urging shareholders to consult financial advisors and consider current market prices before making decisions.
The most recent analyst rating on (TSE:CPKR) stock is a Hold with a C$20.00 price target. To see the full list of analyst forecasts on Canada Packers Inc. stock, see the TSE:CPKR Stock Forecast page.
More about Canada Packers Inc.
Canada Packers Inc. is one of North America’s largest producers of raised without antibiotics (RWA) pork, committed to setting the global standard in sustainable pork production. Headquartered in Mississauga, Ontario, the company offers a premium mix of products to a diverse customer base across North America and globally, with representative offices in Mexico, South Korea, Japan, and the Philippines. Its operations include hog production, processing, and value-added innovation.
Average Trading Volume: 148,087
Learn more about CPKR stock on TipRanks’ Stock Analysis page.