This feasance was fulfilled with the sale of the Odd Lot
close-out division last fall for $37.1 million.
But Odd Lot
partners Gigi Pritzker and Deborah Del Prete are using smaller confabs such as South by Southwest and the Malibu Film Fest to launch their nascent distribution shingle and prime the market for its buzz-generating first wide release, the Elijah Wood soccer drama "Green Street Hooligans."
As the Offer was oversubscribed, shareholders who made auction tenders at a price of CDN 5.50 and purchase price tenders will have approximately 59% of their successfully tendered Common Shares purchased by the Company, other than "odd lot
" tenders, which are not subject to proration.
Quarterhill announced that it is commencing an odd lot
selling program for registered and beneficial Quarterhill shareholders who own 99 or fewer Quarterhill common shares.
If Shares with an aggregate purchase price of more than C$300,000,000 are properly tendered and not properly withdrawn, Home Capital will purchase the Shares on a pro rata basis after giving effect to "odd lot
" tenders (of shareholders beneficially owning fewer than 100 Shares), which will not be subject to proration, and proportionate tenders.
Promptly after the expiration date, CIT will, on the terms and subject to the conditions described in the offer, determine the single per-share purchase price that CIT will pay, subject to "odd lot
" priority, proration and conditional tender provisions, for shares properly tendered at or below the purchase price in the offer and not properly withdrawn, and accepted for payment, taking into account the number of shares tendered pursuant to the offer and the prices specified by the tendering stockholders.
IF MUM LIKES A RED WINE: The Odd Lot
(PS9.99, Aldi, 14.5% abv).
Shareholders who owned fewer than 100 shares of CBS Class B common stock, or an "odd lot
" of such shares, and who validly tendered all of their shares, were not subject to proration in accordance with the terms of the exchange offer.
"But in monthly and annual reports to investors, PIMCO provided other, misleading reasons for the ETF's early success and failed to disclose that the resulting performance from the odd lot
strategy was not sustainable as the fund grew in size," the SEC states.
If more than 2,000,000 shares are properly tendered and not properly withdrawn, the company will purchase shares from all tendering shareholders on a pro rata basis as specified in the offer to purchase, subject to the "odd lot
" and conditional tender provisions described in the Offer to Purchase.
Pritzker believes in assembling a strong team around her Odd Lot
As per a KSE Notice, the Odd Lot
Market is scheduled to be re-introduced from July 23, 2012.