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Certain transaction but tiny profit. ORH Odyssey

UserPost

8:25 pm
October 2, 2009


Jae Jun

Admin

posts 1336

1

Just going through the SEC filings and noticed that Fairfax holdings started the tender offer for ORH shares at $65 cash.

Currently trading at $64.86 with the deadline expiring at 12:00 midnight, New York City time, on October 21, 2009, unless the offer is extended.

http://news.moneycentral.msn.c…..d=10421878

The remaining shares outstanding that are not tendered will be acquired by FFH at $65.

So if you have a tiny portfolio, it may be worthwhile.



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