Bravo Brio Restaurant Group (BBRG) Odd-Lot Tender Offer

  • Company: Bravo Brio Restaurant Group
  • Ticker: BBRG
  • Market Cap: $250mm
  • Size of Action: <$50mm
  • Type of Transaction: Dutch Tender Offer with Odd-lot Provision
  • Current Price: $13.40
  • Exchange Price: $12.50-$14.50
  • Potential Gain (%): -6.7% - 8.2%
  • Expiration: Midnight December 10, 2014
  • Tender Limit (Shares): 99
  • Max Investment ($): ~$1,330
  • Max Gain ($): ~$110
  • Sec Filing: Link
  • Summary: Bravo Brio Restaurant Group (BBRG) is offering to purchase up to $50mm of its shares at a price of $12.50-$14.50.
  • Odd Lots:...First, all shares owned in “odd lots” (less than 100 shares) that have been validly tendered at or below the Purchase Price (and not validly withdrawn prior to the Expiration Time)...
  • 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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