What is the purpose of a mini-tender offer significantly below market price? This same company offered the following:
* **GE HealthCare (Jan 2026):** Offered $54.20 per share, a 34.77% discount
* **Principal Financial Group (July 2025):** Offered $51.70 per share, a 34.91% discount
* **Brighthouse Financial (May 2025):** Offered $36.00 per share, a 41.12% discount
[https://us.pg.com/newsroom/news-releases/PG-Recommends-Stockholders-Reject-Mini-Tender-Offer-by-Potemkin-Limited/](https://us.pg.com/newsroom/news-releases/PG-Recommends-Stockholders-Reject-Mini-Tender-Offer-by-Potemkin-Limited/)