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Vertiv warns shareholders against Tutanota's below-market mini-tender offer for 500,000 shares at $410 each.

Market News
15 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

Vertiv Holdings Co has received an unsolicited mini-tender offer from Tutanota LLC to buy up to 500,000 shares at $410 per share, contingent on the stock closing above $410 before the offer expires. Vertiv advises shareholders not to accept the offer as it is below market price and subject to many conditions, including financing by Tutanota. Mini-tender offers like this avoid SEC protections and often aim to catch investors off guard. Shareholders who have already tendered can withdraw their shares before the June 8, 2026 deadline. Vertiv urges caution and consultation with financial advisors before responding.

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