Global Sources (GSOL) Odd-Lot Tender

  • Company: Global Sources Ltd.
  • Ticker: GSOL
  • Market Cap: ~$210mm
  • Size of Action: ~$50mm
  • Type of Transaction:  Tender Offer with Odd-Lot Provision
  • Current Price: $6.87
  • Exchange Price: $7.50
  • Potential Gain (%): 9.2%
  • Expiration: Midnight July 27, 2015
  • Tender Limit (Shares): 99
  • Max Investment ($):  $680
  • Max Gain ($): $62
  • Sec Filing: Link
  • Summary: Global Sources (GSOL) is offering to buy 6.66mm of its shares or 22% of its S/O for $7.50 a share using cash on hand.
  • Odd Lots: ..first, from all holders of “odd lots” of fewer than 100 Shares who properly tender all of their Shares and do not properly withdraw them before the Expiration Date;..
  • 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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