Ramon Pigem

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Ramon Pigem

Ramon Pigem

@drpigem

Especialista en estética facial, láser, IPL (luz pulsada intensa) y Botox (toxina botulínica) Pionero en Trasplante capilar SIN rapar. Barcelona

Barcelona Katılım Temmuz 2020
71 Takip Edilen39 Takipçiler
OddLotArbitrage
OddLotArbitrage@OddLotArbitrage·
New odd lot tender offer. Lennar Corporation (LEN) is offering to exchange LEN shares for Millrose Properties (MRP) shares at a 6% discount for approx. 6.4% return on participation, with priority for odd lot holders. LEN closed at $127.34 yesterday. Offer expires November 7th. Exchange ratio will be based on market prices near the expiry date of the offer. One thing to watch is that the exchange ratio is capped at 4.1367, so if Lennar shares are trading at more than 4.1367x the price of Millrose shares when the expiry price is set participants may receive a lower value of Millrose shares than the value of the Lennar shares submitted to the offer. SEC filing can be found here sec.gov/ix?doc=/Archiv…. More info on the filing and participating in odd lot tender offers can be found on our site at oddlotarbitrage.com/blog/2025/10/2….
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