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;
Willis Lease Finance Corporation is offering to purchase for cash up to 516,129 shares of its outstanding common stock, pursuant to auction tenders at prices specified by