Current Price –$13.6
Expected pay-off – $14.01 (TBD on the 6 December 2016)
Upside – 3%
Expiration Date – 22 November 2016
Current Price –$13.6
Expected pay-off – $14.01 (TBD on the 6 December 2016)
Upside – 3%
Expiration Date – 22 November 2016
Current Price – $3,7
Offer Price – $3,3- $4,0
Upside – potentially 10% or $30 (if the upper pricing limit is used)
Expiration date – 7 April 2016
The share price shot up right after the announcement but might reverse during the course of the tender.
Current Price – $17.39;
Offer Price – $15.5 – $18;
Upside – $60 or 3.5% (if the upper pricing limit is used);
Expiration date – 16 December 2015;
No proration for odd lot holders;
Summary:
Current Price – $17.99
Offer Price – $19 – $21
Upside – 16.7% or $300 (for odd lot holders if upper pricing limit is used) or 5.6% or $100 (for odd lot holders if lower pricing limit is used) or
Expiration date – 22 June 2015
Summary:
Apple Hospitality REIT, Inc., a Virginia
Current Price – $31.12
Offer Price – $29 – $32
Upside – 3% or $87 (for odd lot holders if upper pricing limit is used)
Expiration date – 22 May 2015
Summary:
AAR CORP., a Delaware corporation, is offering to purchase for cash by means of a “modified Dutch auction” shares of its
Current Price – $2.66
Offer Price – $2.4 – $2.75
Upside – 3.4% or $10 (opportunity might improve before the offer expires)
Expiration date – 29 April 2015
Summary:
We will purchase up to $50 million in value of ADSs in the Offer or such lower amount equal to the value of
Current Price – $18.26
Offer Price – $20
Upside – 10% (due to proration the realized upside will be lower)
Expiration date – 24 April 2015
Trading Strategy – This is not an odd lot offer. 60% of the float will be bought out (meaning proration will be better than 60%), which makes the current spread seem very
Current Price – $124.97
Offer Price – $125.54
Upside – 0.5% or $56
Expiration date – October 20, 2014
Odd Lot holders (less than 100 shares) are not subject to proration
Summary:
Credit Acceptance Corporation, a Michigan corporation, is offering to purchase up to 995,698 shares of its common stock, par value $0.01 per
Current Price – $7.46
Offer Price – $7.68
Upside – 3% or $22
Expiration date – 30 September 2014 (extended on 29 August)
The offer is only for Odd lot holders
Summary:
Farmers National Banc Corp., (NASDAQ: FMNB) Canfield, Ohio, announced today that its Board of Directors has approved a voluntary odd-lot buy
Current Price – $17.30
Offer Price – $16.5 – $18.00
Upside – 4% or $69 for Odd Lot holders
Downside – 4.6% or -$79 for Odd Lot holders
Expiration date – April 2, 2014
Odd Lot holders (less than 100 shares) are not subject to proration
Summary:
Genpact Limited, a Bermuda Company, invites