Monogram Residential Trust (MORE) odd lot tender offer, currently not profitable
- Company: Monogram Residential Trust
- Ticker: MORE
- Market Cap: ~$1.6bn
- Size of Action: <$100mm
- Type of Transaction: tender offer with "odd-lot" provision
- Current Price: $9.48
- Exchange Price: $8.50-$9.25
- Potential Gain (%): NA
- Expiration: 12/19/14
- Tender Limit (Shares): 99
- Max Investment ($): ~$940
- Max Gain ($): NA
- Sec Filing: Link
- Summary: Monogram Residential Trust (MORE) as part of its brand new NYSE listing, intends to buy up to $100mm of its stock at $8.50-$9.25.
- Odd Lots: ...first, we will purchase all shares of Common Stock tendered by any Odd Lot Holder ...
- 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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