Danaher (DHR) – Split off Transaction – $635 upside
Danaher has updated the split off offer by increasing the upper limit and the situation became profitable one more time.
Current Price – DHR $85.44, NTCT $38.42
Offer Price – $107.53 stock of NTCT for $100 stock of DHR (subject to upper limit)
Upside – 7.5% or $636 for Odd Lot holders
Expiration date – July 9, 2015