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Great-West Lifeco Alerts Shareholders of Lowball Bid

Great-West Lifeco Alerts Shareholders of Lowball Bid

Great-West Lifeco (TSE:GWO) has released an update.

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Great-West Lifeco Inc. warns U.S. shareholders about an unsolicited mini-tender offer from New York Stock and Bond LLC to buy Lifeco shares at a significant discount, urging them to consult their advisors and consider the offer’s market value discrepancy. The offer, which bypasses certain investor protections, has not received endorsement from Lifeco, and shareholders are advised to exercise caution.

For further insights into TSE:GWO stock, check out TipRanks’ Stock Analysis page.

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