Stocks in Play

Canadian Tire Corporation Limited

03:46 PM EST - Canadian Tire Corporation Limited : announced that it has received a copy of an unsolicited below market "mini-tender" offer by TRC Capital Corporation to purchase up to one million Class A Non-Voting shares of Canadian Tire, representing approximately 1.28% of Canadian Tire's outstanding Class A Non-Voting shares. The offer price of $54.00 per share represents a 4.09% discount to the closing price of the Canadian Tire Class A Non-Voting shares on the TSX on August 19, 2009 ($56.30), the day prior to the date of the offer. Canadian Tire Corporation Limited shares T.CTC are trading down $0.25 at $64.00.