TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC is varying the terms of its tender offer for up to 2,000,000 common shares of Magna International Inc. (the Company) and has decreased the offer price payable to $51.75 per share from $57.90 per share. TRC's bid was initially made on July 30, 2024. TRC will accept for payment and will pay for all shares validly tendered prior to the expiration date and not properly withdrawn in accordance with the terms of the offer. TRC will not be required to accept for payment or pay for any shares and may terminate the offer if certain conditions ...