Apple Hospitality REIT (APLE) Odd-Lot Offer ($100-200 gain)
- Company: Apple Hospitality REIT
- Ticker: APLE
- Market Cap: >$200mm
- Size of Action: $3.3bn
- Type of Transaction: Tender Offer with Odd-Lot Provision
- Current Price: $18.00
- Exchange Price: $19.00-$21.00
- Potential Gain (%): 6-17%
- Expiration: Midnight June 22, 2015
- Tender Limit (Shares): 99
- Max Investment ($): ~$1,790
- Max Gain ($): ~$200
- Sec Filing: Link
- Summary: Apple Hospitality REIT (APLE) is buying up to $200mm of its shares at $19.00-$21.00.
- Odd Lots: ...First, we will purchase all the Shares, including fractional Shares, properly tendered at or below the Purchase Price and not properly withdrawn by any “odd lot holder” (a shareholder of less than 100 Shares) who tenders all of that holder’s Shares...
- All information contained on or available through this Web Site (“the Content”) is for general information purposes only and does not constitute any investment advice.
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