Business
Starbucks Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC
SEATTLE, April 23, 2025--Starbucks Corporation (NASDAQ: SBUX) – Starbucks today announced that it has received notice of an unsolicited "mini-tender" offer made by Tutanota LLC (Tutanota) to Starbucks shareholders to purchase up to 500,000 shares of Starbucks common stock at $88.00 per share. The offer price of $88.00 per share is conditioned on, among other things, the closing price per share of Starbucks common stock exceeding $88.00 per share on the last trading day before the offer expires.
About this update from Starbucks Corporation
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