Monthly Archives: November 2014

  

Bravo Brio Restaurant (BBRG) – Odd Lot Tender Offer – $133 potential

Current Price – $13.15

Offer Price – $12.5 – $14.5

Upside – 10% or $133 ( for odd lot holders, if the upper pricing limit is used)

Expiration date –  10 December 2014

SEC Filling

Summary:

Bravo Brio Restaurant Group, Inc., is offering to purchase for cash its common shares pursuant to (i) auction tenders at prices specified by the tendering shareholders of not less than $12.50 nor greater than $14.50 per share (“Auction Tenders”), or (ii) purchase price tenders (“Purchase



SMG Indium Resources (SMGI) – Odd Lot Tender Offer – 2.5% upside

Current Price – $2.35

Offer Price – $2.41

Upside – 2.5% or $6 (for odd lot holders)

Expiration date –  1 December 2014

Note – as 78% of stock is being purchased there is a high possibility that the offer will be under-subscribed and therefore there will be no proration at all not only for odd lot holders, meaning that 2.5% upside is likely to be realized by all tendering shareholders.

SEC Filling

Summary:

Upon the terms and subject to the



MCG Capital (MCGC) – Odd Lot Tender Offer – minimal upside currently

Current Price – $3.64

Offer Price – $3.25 – $3.75

Upside – 3% or $11 ( for odd lot holders, if the upper pricing limit is used)

Expiration date –  3 December 2014

SEC Filling

Summary:

MCG Capital Corporation hereby offers to purchase for cash up to $75.0 million of shares of its issued and outstanding common stock. We are offering to purchase the shares at a price not less than $3.25 and not more than $3.75 per share, less any applicable



Fresh Del Monte Produce (FDP) – Odd Lot Tender Offer – $136 potential

Current Price – $33.13

Offer Price – $30.5 – $34.5

Upside – 4.1% or $136 ( for odd lot holders, if the upper pricing limit is used)

Expiration date –  2 December 2014

SEC Filling

Summary:

We are conducting an offer by means of a procedure commonly called a “modified Dutch auction.” We are offering to purchase for cash our ordinary shares, pursuant to (i) Auction Tenders at prices specified by the tendering shareholders of not less than $30.50 nor greater than $34.50



Chemtura (CHMT) – Odd Lot Tender Offer – $114 potential

Current Price – $23.35

Offer Price – $21.5 – $24.5

Upside – 4.9% or $114 ( for odd lot holders, if the upper pricing limit is used)

Expiration date –  1 December 2014

Condition – Offer is conditioned on the sale of Chemtura AgroSolutions (expected to be closed in time)

SEC Filling

Summary:

We are conducting an offer by means of a procedure commonly called a “modified Dutch auction.” Upon the terms and subject to the conditions of the Offer, we