WebMD Health Corp. (WBMD) Tender Offer with Odd-Lot ($150 Upside)
- Company: WebMD Health Corp.
- Ticker: WBMD
- Market Cap: $2bn
- Size of Action: $110mm
- Type of Transaction: Tender Offer with Odd-Lot Provision
- Current Price: $53.48
- Tender Price: $55.00
- Potential Gain (%): ~3%
- Expiration: December 15th
- Tender Limit (Shares): 99
- Max Investment ($): $5,300
- Max Gain ($): $150
- Sec Filing: Link
- Summary: WBMD is offering to purchase up to 2mm of its shares at $55.00 per share.
- Source of Funds: ...from cash and investments...
- Odd Lot Provision: ...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 Time....
- 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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