« previous next »
Pages: [1]   Go Down

Author Topic: VR - Validus Holdings Ltd  (Read 4910 times)

shalab

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1157
VR - Validus Holdings Ltd
« on: November 18, 2010, 08:35:34 PM »
Tender offer with odd lots having priority. You may get your coffee money back for a month as the spread is still decent. ( still has 59 cent spread/share ) The tender is for $30/share and it settled today $29.41.

Logged

beerbaron

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1440
Re: VR - Validus Holdings Ltd
« Reply #1 on: November 27, 2010, 12:33:34 PM »
Thanks Shalab, I had some dollars lying around. I'll take the 60$ for 15 minutes work.

BeerBaron
Logged

bargainman

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 757
Re: VR - Validus Holdings Ltd
« Reply #2 on: November 27, 2010, 08:48:18 PM »
I'm curious, is it possible to do this in multiple brokerage accounts?  Or do all the shares get aggregated? For the odd lot priority that is...
Logged

beerbaron

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1440
Re: VR - Validus Holdings Ltd
« Reply #3 on: November 28, 2010, 06:49:13 AM »
I actually had the same question...

BeerBaron
Logged

SmallCap

  • Lifetime Member
  • Sr. Member
  • *****
  • Posts: 365
    • Business Mastery
Re: VR - Validus Holdings Ltd
« Reply #4 on: November 28, 2010, 06:13:23 PM »
I have done this in the past with a few tender offers including Validus holdings with their previous offers and for this one I have bought 99 shares in 8 different accounts not all of them in my name but if you have accounts at different locations or have IRA or other special accounts they won't be a problem.
Logged
Love watching what people can accomplish through business.
www.sethgetz.com @sethgetz

Pages: [1]   Go Up
« previous next »