BRT REALTY TRUST BRT
No odd-lot preference
Read automatically from the filing
This offer mentions odd lots only to say they get no special treatment. Odd-lot tenders are prorated like everyone else's.
| Status | Closed |
|---|---|
| Closing date | 2010-10-20 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Yes |
| Price offered | USD $6.30 per share |
| Most an odd-lot tender could be | $623.70 |
Where each of these comes from
Every line above was read out of the filing. Here is the wording it was read from, so you can check it.
election_required = True...he proration procedure. This will apply to your tender only if (i) you own beneficially or of record fewer than 100 Shares in the aggregate, (ii) you properly tender all of the Shares and do not properly withdraw them before the Expiration Date, and (iii) you complete the section entitled "Odd Lots" in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery. See Section 1. •Am I required to tender all of my Shares? No. You are not required to tender all of the Shares that you own to participate in the Offer. See Section 1. •May I withdraw my tendered Shares? You may withdraw (or cause your broker or other nominee to withdraw) your ten...
expiry = 2010-10-20...of Contents Exhibit 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY BRT REALTY TRUST OF UP TO 2,500,000 SHARES OF BENEFICIAL INTEREST AT A PURCHASE PRICE OF $6.30 PER SHARE The Offer and Withdrawal Rights will expire at 5:00 p.m., New York City time, on Wednesday, October 20, 2010, unless extended or earlier terminated. BRT Realty Trust, a real estate investment trust ("REIT") organized as a business trust under the laws of the Commonwealth of Massachusetts ("we," "us," "our," "BRT" or the "Trust"), is offering to p...
listed = True...fy the Trust as a REIT under the Internal Revenue Code of 1986, as amended. The Offer is not conditioned on our receipt of financing or on a minimum number of Shares being tendered. The Offer is, however, subject to other conditions. See Section 7. Our Shares are listed on the New York Stock Exchange (the "NYSE") and trade under the symbol "BRT." On September 20, 2010, the last full trading day before we announced our intention to make this Offer, the last reported sale price of the Shares was $5.16 per Share. On September 21, 2010, the last full trading day before we commenced the Offer, the last reported sale price of the Shares wa...
mechanism = FIXED...(A)(1)(A) 2 a2200231zex-99_a1a.htm EXHIBIT 99.(A)(1)(A) Use these links to rapidly review the document TABLE OF CONTENTS Table of Contents Exhibit 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY BRT REALTY TRUST OF UP TO 2,500,000 SHARES OF BENEFICIAL INTEREST AT A PURCHASE PRICE OF $6.30 PER SHARE The Offer and Withdrawal Rights will expire at 5:00 p.m., New York City time, on Wednesday, October 20, 2010, unless extended or earlier terminated. BRT Realty Trust, a real estate investment trust ("REIT") organized as a business trust under the laws of the Commonwealth of Massachusetts ("we," "us," "our," "BRT" or the "Trust"), is offe...
must_tender_all = True...sfied) by random lot, to the extent feasible, provided, however, to be eligible for purchase by random lot, shareholders whose Shares are conditionally tendered must have properly tendered all of their Shares. If you own fewer than 100 Shares in the aggregate and tender all of your Shares, we will purchase all of your Shares without subjecting them to the proration procedure. This will apply to your tender only if (i) you own beneficially or of record fewer than 100 Shares in the aggregate, (ii) you properly tender all of the Shares and do not properly withdraw them before the Expiration Date, and (iii) you complete the s...
no_priority = True...dvisors regarding the application of United States federal income tax withholding, including eligibility for a withholding tax reduction or exemption, and the refund procedure. 6. Conditional Tender of Shares. Subject to the exception for tendering holders of Odd Lots, properly tendered Shares will be subject to proration if the Offer is over-subscribed, as described in Section 1. In addition, as discussed in Section 13, the number of Shares to be purchased from a particular shareholder may affect the tax treatment of the purchase to the shareholder and the shareholder's decision whether to tender. Accordingly, we are permitting shareholders to tender Sha...
price = USD 6.3...ly review the document TABLE OF CONTENTS Table of Contents Exhibit 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY BRT REALTY TRUST OF UP TO 2,500,000 SHARES OF BENEFICIAL INTEREST AT A PURCHASE PRICE OF $6.30 PER SHARE The Offer and Withdrawal Rights will expire at 5:00 p.m., New York City time, on Wednesday, October 20, 2010, unless extended or earlier terminated. BRT Realty Trust, a real estate investment trust ("REIT") organized as...
threshold = 100...if a lesser number of Shares is validly tendered, all Shares that are validly tendered and not validly withdrawn. If more than 2,500,000 Shares are properly tendered in the Offer, we will purchase all Shares properly tendered on a pro rata basis, except for "odd lots" (lots held by owners of fewer than 100 Shares), which we will purchase on a priority basis, and conditional tenders whose condition was not met, which we will not purchase (except as described in Section 6). See Section 5. In addition, if more than 2,500,000 Shares are properly tendered in the Offer, we may, in our sole discretion, exercise our right to amend the Offer and purchase...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 a2200231zex-99_a1a.htm EXHIBIT 99.(A)(1)(A) Use these links to rapidly review the document TABLE OF CONTENTS Table of Contents Exhibit 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY BRT REALTY TRUST OF UP TO 2,500,000 SHARES OF BENEFICIAL INTEREST AT A PURCHASE PRICE OF $6.30 PER SHARE The Offer and Withdrawal Rights will expire at 5:00 p.m., New York City time, on Wednesday, October 20, 2010, unless extended or earlier terminated. BRT Realty Trust, a real estate investment trust ("REIT") organized as a...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2010-09-22 | SC TO-I | original (governing) | View |