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.
This entry was posted in Odd Lot Tender Offers. Bookmark the permalink.