Stockholders Approved the Going Private Transaction
Capitol First Corporation (CFRC) announced today that shareholders have approved the reverse stock split with the associated going private transaction. The reverse stock split will take effect tonight....
View ArticlePurchased AutoNation – Odd Lot Tender Offer
A member of Contributor’s Corner sent me information on AutoNation (AN) this past weekend. I reviewed this stock on Monday morning, and I soon realized this stock offers me a good opportunity to...
View ArticleMore AutoNation
I purchased another 95 share of AutoNation (AN) on Friday, but this time I bought the shares in the Special Situations Real Money Port. I used the cash I recently received from Major Automotive...
View ArticleAutoNation Inc Tender Oversubscribed
Today AutoNation Inc. (AN) announced that its tender offer was oversubscribed. Hopefully, the odd-lot preference will result in all my shares still being tendered. It will be interesting to see how...
View ArticleAutoNation Inc Cash Received
More cash just rolled into the Special Situations Real Money Portfolio! I just got $2,185.00 credited to my son’s Coverdell ESA this morning. As you might recall, I purchased AutoNation on March 31,...
View ArticleEngelhard Corp. Purchase
Gannon on Investing details the current hostile bid by BASF (BF) for Engelhard Corp. (EC) and today’s response tender offer by Engelhard. After reviewing the details this morning and discussing it...
View ArticleA Tale of Two Tender Offers
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the market of bulls, it was the market of bears, it was a period of expansion, it...
View ArticleSpecial Situations Real Money Port July 2007 Update
July has been a really busy month. I spent most of my time avoiding losing money and that was no easy feat in this market. I closed July out with $12,044.13 in the Special Situations Real Money Port....
View ArticleQuestions About Tender Offers
I recently received an email that contained several good questions about stock tender offers from someone interested in joining Fat Pitch Financials Contributor’s Corner. I thought you might be...
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Tender Offer Walkthrough, United Rentals
It’s been a while since I’ve shared with you the details of a stock tender offer. Stock tender offers with an odd lot provision are particularly attractive for individual investors since they allow...
View ArticleExperiments in Finance Tackles Tender Offers
Recently, one of the bloggers I follow, Experiments in Finance, decided to try investing in tender offers. A tender offer is a special situation that occurs when a company decides to buy back a number...
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