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Lilly Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC

Eli Lilly & Co. ·  Apr 26 00:00

INDIANAPOLIS, April 26, 2024 – Eli Lilly and Company (NYSE: LLY) has been notified of an unsolicited "mini-tender" offer by Tutanota LLC ("Tutanota") to purchase up to 62,500 shares of Lilly common stock, representing significantly less than one percent of Lilly's common stock outstanding, at an offer price of $800.00 net per share ("Offer Price").

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