Global Sources (GSOL) – Odd Lot Tender Offer – $148 Gain
Current Price – $8.51
Offer Price – $10.00
Upside – 17.5% or $148 for Odd Lot holders
Expiration date – May 28, 2014
Odd Lot holders (less than 100 shares) are not subject to proration
Summary:
Global Sources Ltd., a Bermuda company, is offering to purchase for cash up to 5,000,000 shares of its common shares. On the terms and subject to the conditions of the Offer, Global Sources will pay $10.00 per share, net to the seller in cash.
The 5,000,000