Thomson Reuters Corporation has offered to purchase up to 9 Billion USD of its outstanding common stock through a Dutch Auction tender offer.
The terms of the offer are as follows (subject to proration):
Minimum Bid: 42.00 USD
Maximum Bid: 47.00 USD
Accepted Bid Increments: .25 USD
The below options are available to a shareholder:
Option 1 - Take no action
Option 2 - Tender shares at No Specified Price (NSP), less any applicable withholding tax
Option 3 - Tender shares at Bid Price, less any applicable withholding tax
Option 4* - Tender shares to Proportionate Tender at No Specified Price (NSP Proportionate), less any applicable withholding tax
*Please note: A proportionate tender, pursuant to the offer, is tendering a number of shares that will result in the holder maintaining their respective proportionate equity ownership in the company following the completion of the offer. Holders submitting to Option 4 must tender their entire position. There is no odd lot privilege for Option 4.
Holders wishing to tender their shares at the minimum bid price should make an election under the No Specified Price option, as such an election will be deemed to have tendered the position at the minimum bid price.
In order to submit shares at a bid price, shareholders should click on the Change link on the applicable choice line below. This will navigate the user to a new box where both the share quantity and applicable bid price should be entered.
Odd lot priority: Yes (For Options 2 and 3 only)
Beneficial holder of 99 shares or less, who tenders the entire position held, will not be subject to proration
Note: Odd lot validity will be determined at the time of submission to the street
Guaranteed Delivery: Yes
Last day to purchase shares and be eligible to tender: 2018-10-02
The deadline to submit shares to the offer will be 2018-10-02 @ 13:00 (America/New_York).
In the absence of an election, no action will be taken.
