Palo Alto Networks (PANW) recommends stockholders reject an unsolicited mini-tender offer from Tutanota LLC to buy up to 250,000 shares at $450.00 per share, about 0.03% of outstanding stock. The offer price is conditioned on the stock closing above $450.00 before expiration, so tendered shares could receive below-market value. The offer expires November 2, 2026, at 5:00 p.m. ET, unless extended. PANW is not affiliated with Tutanota.
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