May 28, 2021

Adobe Recommends Stockholders Reject “Mini-Tender” Offer by Tutanota LLC

SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe (Nasdaq:ADBE) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (“Tutanota”) to purchase up to one million shares of Adobe’s common stock, representing significantly less than one percent of Adobe’s common stock outstanding. The offer price of $565 per share is conditioned on, among other things, the closing price per share of Adobe’s common stock exceeding $565 per share on the last trading day before th

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