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Monthly Archives: October 2017
CBS Exchange Offer with Odd-Lot Provision (~11%, $600 Upside)
Company: CBS Corp. Ticker: CBS, ETM Market Cap: ~$23bn Size of Action: up to ~$6bn Type of Transaction: Exchange Offer with Odd-Lot Provision Current Price: $56.41 (CBS), $11.00 (ETM) Tender Price: $1.08 of ETM stock for every $1.00 of CBS stock tendered (subject to upper limit of 5.7466). Potential … Continue reading
Posted in Odd Lot Tender Offers
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