Chemtura Corporation (CHMT) Odd-Lot Tender Offer
- Company: Chemtura Corporation
- Ticker: CHMT
- Market Cap: $2B
- Size of Action: $300mm
- Type of Transaction: Modified Dutch Auction Tender Offer
- Current Price: $23.35
- Exchange Price: $21.50-$24.50
- Potential Gain (%): -7.9%-4.9%
- Expiration: 12:00 Midnight, December 1st
- Tender Limit (Shares): 99
- Max Investment ($): ~$2,300
- Max Gain ($): ~$110
- Sec Filing:
- Summary: Chemtura Corporation is offering to purchase up to $300mm in shares of its stock between $21.50-$24.50.
- Odd Lots: ...First, all shares owned in “odd lots” (less than 100 shares) all of which have been validly tendered at or below the Purchase Price (and not validly withdrawn prior to the Expiration Time); ...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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