Category Archives: Odd Lot Tender Offers

Company: MAM Software Group Ticker: MAMS Market Cap: $100mm Size of Action: ~$14mm Type of Transaction: Current Price: $7.22 Exchange Price: $7.50 Potential Gain (%): 3.9% Expiration: 5pm December 1, 2015 Tender Limit (Shares): 99 Max Investment ($): ~$715 Max … Continue reading →

Company: General Electric Company Ticker: GE Market Cap: ~$300B Size of Action: ~$22B Type of Transaction: Exchange Offer for Synchrony Financial (SYF) stock Current Price: $29.46 Exchange Price: $31.68 (in SYF stock) or at a 7.53% discount Potential Gain (%): 7.53% … Continue reading →

Company: H&R Block Ticker: HRB Market Cap: $10bn Size of Action: $1.5bn Type of Transaction:  Auction Tender Offer with Odd-Lot Provision Current Price: $35.40 Exchange Price: $32.25-$37.00 Potential Gain (%): -8.9% – 4.5% Expiration: 5pm October 2, 2015 Tender Limit … Continue reading →

Company: St. Joe Company Ticker: JOE Market Cap: $1.6bn Size of Action: ~$300mm Type of Transaction:  Tender Offer with Odd-Lot Provision Current Price: $17.38 Exchange Price: $18.00 Potential Gain (%): 3.6% Expiration: 5pm September 22nd, 2015 Tender Limit (Shares): 99 … Continue reading →

Company: Global Sources Ltd. Ticker: GSOL Market Cap: ~$210mm Size of Action: ~$50mm Type of Transaction:  Tender Offer with Odd-Lot Provision Current Price: $6.87 Exchange Price: $7.50 Potential Gain (%): 9.2% Expiration: Midnight July 27, 2015 Tender Limit (Shares): 99 … Continue reading →

Company: Danaher Ticker: DHR Market Cap: $61Bn Size of Action: variable Type of Transaction: split-off with odd-lot provision Current Price: $85.93 Exchange Price: NA Potential Gain (%): 7-10% discount (based on exchange ratio) Expiration: Midnight July 8, 2015 Tender Limit (Shares): 99 … Continue reading →

Company: Global Net Lease Ticker: GNL (some financial services may have old ticker name, American Realty Capital) Market Cap: $1.7bn Size of Action: ~$110mm Type of Transaction: Tender Offer with Odd-Lot Provision Current Price: $9.23 Exchange Price: $10.50 Potential Gain (%): … Continue reading →

Company: Apple Hospitality REIT Ticker: APLE Market Cap: >$200mm Size of Action: $3.3bn Type of Transaction:  Tender Offer with Odd-Lot Provision Current Price: $18.00 Exchange Price: $19.00-$21.00 Potential Gain (%): 6-17% Expiration: Midnight June 22, 2015 Tender Limit (Shares): 99 … Continue reading →

Company: Nam Tai Property Ticker: NTP Market Cap: $215mm Size of Action: ~$15mm Type of Transaction:  Tender Offer with Odd-Lot Provision Current Price: $5.08 Exchange Price: $5.50 Potential Gain (%): 8.3% Expiration: 5pm May 29, 2015 Tender Limit (Shares): 99 … Continue reading →

Company: KCG Holdings Ticker: KCG Market Cap: $1.6bn Size of Action: >$330mm Type of Transaction:  Tender Offer with Odd-Lot Provision Current Price: $13.45 Exchange Price: $13.50-$14.00 (FINAL PRICE: $14.00) Potential Gain (%): 0.4%-4.1% Expiration: June 2, 2015 Tender Limit (Shares): … Continue reading →