Analysis of Split-off Trading Strategies
Split-Offs proved to be very lucrative
Tag Archives: CBS
CBS Corp (CBS) – Split Off transaction – $470 opportunity
Current Price –CBS $58.45, ETM $11.20
Offer Price – $1.08 stock of ETM for $1 stock of CBS (subject to upper limit of 5.7466 ETM shares per share of CBS)
Upside – 8% or $470 for Odd Lot holders
Expiration date – November 16, 2017
This is a standard split-off transaction of which I have already posted quite a few. The most recent ones were PG/COTY and LMT/LDOS split-offs. CBS also had another split-off back in 2014. I recommend reading through those and examining share price
CBS Corporation (CBS) – Odd Lot Exchange Transaction – $460 Gain
Current Price – CBS $61.80, CBSO $31.37
Offer Price – $107.53 stock of CBSO for $100 stock of CBS
Upside – 7.53% or $460 for Odd Lot holders
Expiration date – June 30, 2014