Current Price –$11.2
Offer Price – $11.5 – $12.17
Upside – 8.5%
Expiration Date – 3rd of May, 2017 (expected)
share repurchase
Actua (ACTA) – Odd Lot Tender Offer – 7% potential upside
Current Price – $13.10
Offer Price – $12 – $14
Upside – 7% or $90 (if upper pricing limit is used)
Expiration date – TBD (likely around 7th of December)
Silgan Holdings (SLGN) – Odd lot Tender Offer – 3% upside
Current Price – $50.8
Offer Price – $45.5 – $52.25
Upside – 3% or $170 (if upper pricing limit is used)
Expiration date – 15 November 2016 (Q3 results on the 26th of October)
First Financial Northwest (FFNW) – Odd Lot Tender Offer – minimal upside currently
Current Price – $13.85;
Offer Price – $13 – $14;
Upside – potentially 1% or $13;
Expiration date – 9 August 2016;
GAIAM (GAIA) – Odd Lot Tender Offer – $12 gain
Current Price – $7.55
Offer Price – $7.75
Upside – $12 or 1.5%
Expiration date – 27 June 2016
Techtarget (TTGT) – Odd Lot Tender Offer – no upside currently
Current Price – $7.87
Offer Price – $7.75
Upside – N/A
Expiration date – 8 June 2016
Asta Funding (ASFI) – Odd Lot Tender Offer – minimal upside currently
Current Price – $10.01
Offer Price – $9.5 – $10.25
Upside – potentially 2.5% or $24 (if the upper pricing limit is used)
Expiration date – 12 May 2016
Trinseo (TSE) – Odd Lot Tender Offer – no upside currently
Current Price – $36.29
Offer Price – $35.63
Upside –no upside currently
Expiration date – 25 April 2016
Planet Payment (PLPM) – Odd Lot Tender Offer – minimal upside currently
Current Price – $3,43
Offer Price – $3,2- $3,6
Upside – potentially 5% or $17 (if the upper pricing limit is used)
Expiration date – 11 April 2016
CRA International (CRAI) – Odd Lot Tender Offer – 5% potential upside
Current Price – $18.88
Offer Price – $18.00- $19.75
Upside – potentially 5% or $90 (if the upper pricing limit is used)
Expiration date – 21 March 2016
No proration for odd lot holders
Summary:
We are conducting the tender offer through a procedure commonly called a modified “Dutch Auction.” This procedure allows you