WebMD (WBMD) Tender Offer ($75 profit)
- Company: WebMD Health Corp.
- Ticker: WBMD
- Market Cap: $1.8B
- Size of Action: $97mm
- Type of Transaction: Tender offer with odd-lot provision
- Current Price: $47.74
- Exchange Price: $48.50
- Potential Gain (%): 1.6%
- Expiration: 5pm EST, September 9, 2014
- Tender Limit (Shares): 99
- Max Investment ($): $4,726
- Max Gain ($): $75
- Sec Filing: Link
- Summary: WebMD Health Corp., is offering to purchase up to 2,000,000 shares of its common stock at a price of $48.50 per share.
- Odd Lots: "...we will purchase all shares properly tendered on a pro rata basis, except for “odd lots” (lots held by owners 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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