2009-08-11-2007-12-01
Transaction Type
Sellers
Announce Date
Post Date
Estimated Price
0MM
Description
Offer to purchase company.
TRC Capital Corporation of Toronto has made an unsolicited offer to acquire up to 1.5 million trust units at C$27.25 per unit of Harvest Energy Trust (NYSE: HTE; Toronto: HTE) representing approximately 1.03% of the outstanding trust units of Harvest. The offer represents a 3.8% discount to the trust unit closing price on the Toronto Stock Exchange on Oct. 17 of C$28.33. Harvest has recommended that unitholders not tender their trust units to this offer.