Monthly Archives: September 2014

Credit Acceptance Corp (CACC) Odd-Lot Tender Offer

Company: Credit Acceptance Corp. Ticker: CACC Market Cap: $2.8bn Size of Action: ~$125mm Type of Transaction:  tender offer with Odd-Lot provision Current Price: $124.85 Exchange Price: $125.54 Potential Gain (%): 0.6% Expiration: 5pm on October 20, 2014 Tender Limit (Shares): … Continue reading

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GP Strategies Corp (GPX) Tender Offer with Odd-Lot Provision

Company: GP Strategies Corp. Ticker: GPX Market Cap: $522mm Size of Action: $80mm Type of Transaction:  Dutch Auction Tender Offer with “Odd-Lot” Provision Current Price: $27.35 Exchange Price: $26.00-$29.00 Potential Gain (%): -4.9% to +6% Expiration: 12:00 Midnight on September … Continue reading

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