Silgan Holdings (SLGN) Tender Offer with Odd-Lot Provision

  • Company: Silgan Holdings
  • Ticker: SLGN
  • Market Cap: $3.6bn
  • Size of Action: <$200mm
  • Type of Transaction:  Modified Dutch Auction Tender with Odd-Lot Provision
  • Current Price: $57.24
  • Exchange Price: $54.75-$58.50
  • Potential Gain (%): -4.4%-2.0%
  • Expiration: 5pm March 10th, 2015
  • Tender Limit (Shares): 99
  • Max Investment ($): $5,667
  • Max Gain ($): $125
  • Sec Filing:  Link , Press Release
  • Summary: Silgan Holdings (SLGN) is buying <$200mm of its shares between $54.75-$58.50.
  • Odd Lots: ...first, all shares owned in “odd lots” (fewer than 100 shares) that have been properly tendered at or below the Selected Price ...
  • 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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