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Eaton Vance Municipal Bond Fund

EV Municipal Bond Fund (EIM) – Tender Offer – 6% Upside

May 31, 2019Apr 12, 2019

Current price: $12.27

Tender Price: $13.13

Upside: 6%

Expiration Date: 17th of May, 2019

12 Comments
SUBMIT IDEA

Recent Comments – Closed Ideas Only

  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Regardless of what happens do please update us on what happens after everything settles.
    sogoodesospecial on Sep 30, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    I think you might be unpleasantly surprised when the tender offer settles.
    AV on Sep 30, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Are you suggesting the person who bought the shares you shorted can't tender them?
    jwestern on Sep 30, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    The short had attractive risk/reward whether no matter what side of the short tender discussion you're on. Worst case was…
    Jerry Kerviel on Sep 30, 2023
  • SSI Weekly – Quick Pitches For ZVO, CANO and XX.V
    You can just reread the writeup above. I'm not sure I can explain it any better, esp if you believe…
    Jerry Kerviel on Sep 30, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    I agree with nostradamus. It is the same situation as with paying dividends on the borrowed shares - although it…
    dt on Sep 29, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    I disagree. That's not the procedure. It couldn't be, as often after tenders shares never trade again, so you couldn't…
    nostradamus on Sep 29, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Appreciate your thoughts, this is my last reply - shorts are not liable to pay the 1.20 - that amt…
    Jerry Kerviel on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Well, if you short and whomever you borrowed the shares from successfully tenders under the guaranteed delivery clause, then you…
    sogoodesospecial on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Yeah im aware and even bought shares today and successfully tendered in a couple accts. I'm more concerned with the…
    Jerry Kerviel on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    At least at IB the deadline for that was 1pm Eastern today.
    sogoodesospecial on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    There is a procedure for guaranteed delivery so you could buy today and tender and still get paid even though…
    sogoodesospecial on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Lended shares can be tendered, but shares shorted today won't settle until Monday, which is after the tender deadline.
    dangerski on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Ok thx, had some doubt there of course, hopefully I get a chance to cover tmrw before I have to…
    Jerry Kerviel on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Shares that are loaned out can definitely be tendered, in which case you would end up having to pay $1.20…
    sogoodesospecial on Sep 28, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    I shorted some shares today thinking they should fall (drastically?!) once the corp deadline passes. Seems too late for an…
    Jerry Kerviel on Sep 28, 2023
  • PhaseBio Pharmaceuticals (PHASQ)
    Sept 28,2023 Nearing the end , as creditors accepted the plan of a liquidation trust Sept 19th. ..SFJ is involved,…
    Goheels on Sep 28, 2023
  • PFSweb (PFSW)
    Too close to busy Q4 for them to drag it on. Want to close ASAP so it doesn't drag into…
    ghenderson on Sep 28, 2023
  • PFSweb (PFSW)
    Buyout at $7.50. Any opinions on a higher bid coming? The options market is saying this is a done deal.…
    rc99ar on Sep 27, 2023
  • Quick Pitch: MEI Pharma (MEIP)
    Not sure what you mean? Anson is going to liquidate, and that's going to pay me well. Not voting for…
    crandyhill on Sep 27, 2023
  • Quick Pitch: MEI Pharma (MEIP)
    Be smart here ! Don´t give anything away for free. Let them buy your votes. Think... Do you believe, that…
    MH on Sep 27, 2023
  • SSI Weekly – Quick Pitches For ZVO, CANO and XX.V
    Could you please clarify what you mean by "unreliable"? Is it the fact that they are doing M&A in general,…
    Lukas on Sep 26, 2023
  • 111 (YI)
    DT - are you buying again? Nice upside from here if the story is still intact.
    vko007 on Sep 25, 2023
  • Quick Pitch: MEI Pharma (MEIP)
    I hope you are right MH, I have a good number of shares I'm voting with them and am kicking…
    crandyhill on Sep 25, 2023
  • SSI Weekly – Quick Pitches For ZVO, CANO and XX.V
    Seems like XX.V mgmt has proven unreliable with recent acquisition - https://www.avantecorp.ca/avante-corp.-announces-acquisition-of-55-of-north-star-support-group.
    Jerry Kerviel on Sep 25, 2023
  • Quick Pitch: MEI Pharma (MEIP)
    No Worries. Before October Anson/Cablecar will have control of the company. We know for sure, that they have around 20%…
    MH on Sep 24, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    I wonder if the time it takes the trade to settle would cause a problem for you. i.e. Can you…
    mkasson on Sep 22, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Cutoff date varies by broker, I recommend calling ahead to ask them. Stifel (dealer manager) confirmed what AV shared above.
    RW on Sep 22, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    If the offer succeeds it appears they will buy the remaining warrants back at 35 cents. So it seems like…
    crandyhill on Sep 22, 2023
  • Quick Pitch: Direct Digital Holdings (DRCTW)
    Thanks AV, I was not aware of that. Mkasson, my shares at fidelity also have that tendered cusip
    RW on Sep 22, 2023

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