Monthly Archives: May 2013

Pfizer spinoff exchange offer with odd lot provision

Company: Pfizer Inc Ticker: PFE Market Cap: 206B Size of Action: 80% of Zoetis (ZTS) or ~13.7B Type of Transaction: Spinoff exchange offer with odd lot provision Current Price: $27.50 as of June 4th Exchange Price: up to 0.9898 shares … Continue reading

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FBR & Co Dutch Auction Tender

Company: FBR & Co Ticker: FBRC Market Cap: 279M Size of Action: 1.25mil shares or approximately 10% of outstanding share Type of Transaction: Dutch Auction Tender Current Price: $24.40 (June 4th) Tender Price: Between $22.50 and $23.50 Potential Gain (%): … Continue reading

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Harmonic Dutch Auction Tender with Odd Lots provision (Completed)

Company: Harmonic Inc Ticker: NASDAQ:HLIT Market Cap: 693M Size of Action: 16mil shares or 14% of outstanding shares Type of Transaction: Dutch Auction Tender Current Price: $6.07 Tender Price: Between $5.75-$6.25. $6.25 tender offer is likely. Potential Gain (%): 3% … Continue reading

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Morgan Stanley Asia Pacific Fund Inc Odd Lot Tender Offer

Company: Morgan Stanley Asia Pacific Fund Inc Ticker: NYSE:APF Market Cap: 403M Size of Action: 5% of outstanding shares Type of Transaction: Odd Lot Tender Offer Current Price: $16.10 (June 4th) Tender Price: $17.90 (not official – will be 98% … Continue reading

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Chambers Street Properties (CSG) Odd Lot Tender Offer

Company: Chambers Street Properties Ticker: NYSE:CSG Market Cap: 2.49B Size of Action: 5% of outstanding shares Type of Transaction: (Dutch Auction) Tender Offer Current Price: $9.37 as of June 4th Tender Price: $10.10-$10.60 Potential Gain (%): 8-13% Expiration: June 19, … Continue reading

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Going Private Transaction: Emtec, Inc. (OTCMKTS:ETEC)

Company: Emtec, Inc. Ticker: OTCMKTS:ETEC Market Cap: 18.71M Size of Action: 5% of outstanding shares Type of Transaction: Going Private via Reverse/Forward Stock Split Current Price: $1.03 Tender Price: $1.05 Potential Gain (%): 1.94% Expiration: No earlier than 20 days … Continue reading

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