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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