Monthly Archives: May 2017

Advanced Emissions Solutions (ADES) Odd-Lot Tender

Company: Advanced Emissions Solutions Ticker: ADES Market Cap: $220mm Size of Action: up to ~$10mm Type of Transaction:  Dutch Tender Offer with Odd-Lot Provision Current Price: $9.85 Tender Price: $9.40 to $10.80 Potential Gain (%): ~10% (assuming upper limit) Expiration: June 5th, 2017 Tender Limit (Shares): … Continue reading

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CIT Group (CIT) – Odd Lot Tender Offer

Company: CIT Group Inc.  Ticker: CIT Market Cap: ~$9.5bn Size of Action: up to $2.75bn Type of Transaction: Dutch Tender Offer with Odd-Lot Provision Current Price: $46.70 Tender Price: $43-$48 Potential Gain (%): 2.7% (assuming upper limit) Expiration: May 24th, 2017 Tender Limit (Shares): 99 Max … Continue reading

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