Monthly Archives: May 2015

 

Apple Hospitality REIT (APLE) – Odd Lot Tender Offer – $100/$300 upside

Current Price – $17.99

Offer Price – $19 – $21

Upside – 16.7% or $300 (for odd lot holders if upper pricing limit is used) or 5.6% or $100 (for odd lot holders if lower pricing limit is used) or

Expiration date –  22 June 2015

SEC Filling

Summary:

Apple Hospitality REIT, Inc., a Virginia corporation, is offering to purchase for cash up to $200,000,000 in aggregate Purchase Price (as defined below) of the Company’s common shares, no par value (“Shares”), at



Emcore Corp (EMKR) – Odd Lot Tender Offer – Risk Free Upside of $50

Current Price – $6.26

Offer Price – $6.25 – $6.75

Upside – 7.9% or $49 (for odd lot holders if upper pricing limit is used)

Expiration date –  15 June 2015

SEC Filling

Summary:

We are offering to purchase Shares in the Offer up to an aggregate purchase price of $45 million. Upon the terms and subject to the conditions of the Offer, we will determine a single per Share price that we will pay for Shares properly tendered and not

 

Nam Tai Property (NTP) – Odd Lot Tender Offer – $30 guaranteed return

Current Price – $5.19

Offer Price – $5.5

Upside – 6% or $31

Expiration date –  29 May 2015

SEC Filling

Summary:

Nam Tai Property Inc., a British Virgin Islands corporation (the “Company”), is offering to purchase up to 3,000,000 shares of the Company’s common stock, par value $0.01 per share (the “Company Common Stock”) at a price of $5.50 per share. The 3,000,000 shares represent approximately 7 % of our issued and outstanding Company Common Stock as of April 28, 2015

No



KCG Holdings (KCG) – Odd Lot Tender Offer – risk free upside of $50

Current Price – $13.48

Offer Price – $13.5 – $14

Upside – 3.7% or $50 (for odd lot holders if upper pricing limit is used)

Expiration date –  2 June 2015

SEC Filling

Summary:

KCG Holdings, Inc. is offering to purchase for cash up to $330,000,000 of shares of our Class A Common Stock, par value $0.01 per share, at a price not greater than $14.00 nor less than $13.50 per Share, net to the seller in cash.

If the Offer is fully