Author Topic: VR - Validus Holdings Ltd  (Read 4533 times)

shalab

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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.



beerbaron

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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

bargainman

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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...

beerbaron

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

BeerBaron

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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.
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