Nam Tai Property (NTP) Tender Offer with Odd-Lot ($40 Gain)

  • Company: Nam Tai Property
  • Ticker: NTP
  • Market Cap: $215mm
  • Size of Action: ~$15mm
  • Type of Transaction:  Tender Offer with Odd-Lot Provision
  • Current Price: $5.08
  • Exchange Price: $5.50
  • Potential Gain (%): 8.3%
  • Expiration: 5pm May 29, 2015
  • Tender Limit (Shares): 99
  • Max Investment ($): ~$500
  • Max Gain ($): $42
  • Sec Filing: Link
  • Summary: Nam Tai Property (NTP) is offering to buy 3mm shares ($15mm) at $5.50 per share.
  • Odd Lots: ...we will purchase all shares tendered on a pro rata basis, except for “odd lots” (lots of fewer than 100 shares), which we will purchase on a priority basis...
  • 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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