Stocks in Play

Fortis Inc.

11:52 AM EST - Fortis Inc. : has been notified of an unsolicited mini-tender offer made by TRC Capital Corporation to purchase up to 3,000,000 common shares of Fortis, representing approximately 1.41% of the Corporation's outstanding common shares at a price of $29.25 per common share. Fortis cautions shareholders that the mini-tender offer has been made at a price below market, representing a discount of 4.38% to the $30.59 closing price of the Corporation's common shares on the Toronto Stock Exchange on March 4, the last trading day before the mini-tender offer commenced. Fortis Inc.
shares T.FTS are trading down $0.02 at $30.61.