St. Joe Company (JOE) Odd-Lot Tender ($60 Gain)
- Company: St. Joe Company
- Ticker: JOE
- Market Cap: $1.6bn
- Size of Action: ~$300mm
- Type of Transaction: Tender Offer with Odd-Lot Provision
- Current Price: $17.38
- Exchange Price: $18.00
- Potential Gain (%): 3.6%
- Expiration: 5pm September 22nd, 2015
- Tender Limit (Shares): 99
- Max Investment ($): $1,720
- Max Gain ($): ~$60
- Sec Filing: Link
- Summary: St. Joe (JOE) is offering to purchase up to 16.6mm of its shares at $18.00 per share.
- Odd Lots: ...first, from all holders of “odd lots” of less 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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