Wendy’s (WEN) – Odd Lot Tender Offer – $43 potential
Current Price – $8.81
Offer Price - $8.50 – $9.25
Potential Gain – 5% or $43 for Odd Lot holders (if the offer is priced at the upper limit)
Expiration date – February 11, 2014
Odd Lot holders (less than 100 shares) are not subject to proration
Summary:
The Wendy’s Company, a Delaware corporation, is offering to purchase for cash shares of its common stock, par value $0.10 per share, pursuant to (i) auction tenders at prices specified by