Advance Auto Parts Comments On TRC Capital "Mini-Tender" Offer; Says In No Way Associated With TRC And Expresses No Opinion
Portfolio Pulse from Benzinga Newsdesk
Advance Auto Parts has clarified that it is not associated with TRC Capital and has not expressed any opinion on TRC's 'mini-tender' offer.

July 17, 2023 | 8:32 pm
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Advance Auto Parts has distanced itself from TRC Capital's 'mini-tender' offer, stating it has no association with the firm or its offer.
Advance Auto Parts' statement distancing itself from TRC Capital's 'mini-tender' offer is likely to have a neutral impact on its stock. While the news clarifies the company's position, it does not directly affect its operations or financial performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100