Odd Lot Index

Tsingda eEDU Corp

Terms unclear

Unclear — read the filing yourself
No closing date could be read from these filings. Nothing has been filed for this offer in over six months, so it is treated as closed — a tender offer cannot run that long. Check the filings below if you think otherwise.
StatusClosed (assumed)
Closing datecould not be read; last filing 2013-03-15
How it is priced—
Odd-lot threshold—
Must tender everything you holdNot stated
Must tick the odd-lot box on the formNot stated
Price offeredUSD $1.00 to $3.00 per share
Most an odd-lot tender could be$99.00 to $297.00

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.

mechanism = FIXED...orm, Inc. paid to Eastbridge Investment Group Corp. in the purchase of 1,424,129 Ordinary Shares by the former from the latter on December 18, 2012. The negotiation of this transaction started in November 2012 and had been ongoing until December 18, 2012. The purchase price of $2.30 per share was the result of the arm’s length negotiation between two sophisticated parties. To the best knowledge of the Filing Persons, Eastbridge Investment Group Corp. was not aware of the potential going-private transaction prior to this transaction; (ii) the Ordinary Shares are not traded on any stock exchange or over the counter market; and...
mechanism = FIXED...orm, Inc. paid to Eastbridge Investment Group Corp. in the purchase of 1,424,129 Ordinary Shares by the former from the latter on December 18, 2012. The negotiation of this transaction started in November 2012 and had been ongoing until December 18, 2012. The purchase price of $2.30 per share was the result of the arm’s length negotiation between two sophisticated parties. To the best knowledge of the Filing Persons, Eastbridge Investment Group Corp. was not aware of the potential going-private transaction prior to this transaction; (ii) the Ordinary Shares are not traded on any stock exchange or over the counter market; and...
mechanism = FIXED...orm, Inc. paid to Eastbridge Investment Group Corp. in the purchase of 1,424,129 Ordinary Shares by the former from the latter on December 18, 2012. The negotiation of this transaction started in November 2012 and had been ongoing until December 18, 2012. The purchase price of $2.30 per share was the result of the arm’s length negotiation between two sophisticated parties. To the best knowledge of the Filing Persons, Eastbridge Investment Group Corp. was not aware of the potential going-private transaction prior to this transaction; and (ii) the Ordinary Shares are not traded on any stock exchange or over the counter market....
price = USD 1.0-3.0...d 11,339,363 Ordinary Shares of TEC from other shareholders at $4.20 per share. In addition, in March 2011, some of the Filing Persons proposed to sell Ordinary Shares for a price between $1 and $3 per share. However, the Filing Persons considered the $2.30 per share price paid by MA 17 Platform, Inc. in the two most recent arm’s length negotiated share purchases to be indicative of the value of Ordinary Share at the curren...
price = USD 1.0-3.0...d 11,339,363 Ordinary Shares of TEC from other shareholders at $4.20 per share. In addition, in March 2011, some of the Filing Persons proposed to sell Ordinary Shares for a price between $1 and $3 per share. However, the Filing Persons considered the $2.30 per share price paid by MA 17 Platform, Inc. in the two most recent arm’s length negotiated share purchases to be indicative of the value of Ordinary Share at the curren...
price = USD 1.0-3.0...d 11,339,363 Ordinary Shares of TEC from other shareholders at $4.20 per share. In addition, in March 2011, some of the Filing Persons proposed to sell Ordinary Shares for a price between $1 and $3 per share. However, the Filing Persons considered the $2.30 per share price paid by MA Platform, Inc. in the two most recent arm’s length negotiated share purchases to be indicative of the value of Ordinary Share at the current t...
txn_type = CONSOLIDATION...in the form of cash merger consideration, to the Public Stockholders for their Ordinary Shares of TEC. Compared with a short-form merger, a tender offer or long-form merger takes much more time to complete and involves substantially greater costs. Although a reverse stock split may involve a smaller aggregate cash payment to the Public Stockholders, the Filing Persons decided not to use a reverse stock split to privatize TEC due to the following concerns: (i) a reverse stock split requires TEC to amend its memorandum and articles of association which may take much more time than a short-form merger; (ii) a reve...
txn_type = CONSOLIDATION...in the form of cash merger consideration, to the Public Stockholders for their Ordinary Shares of TEC. Compared with a short-form merger, a tender offer or long-form merger takes much more time to complete and involves substantially greater costs. Although a reverse stock split may involve a smaller aggregate cash payment to the Public Stockholders, the Filing Persons decided not to use a reverse stock split to privatize TEC due to the following concerns: (i) a reverse stock split requires TEC to amend its memorandum and articles of association which may take much more time than a short-form merger; (ii) a reve...
txn_type = CONSOLIDATION...in the form of cash merger consideration, to the Public Stockholders for their Ordinary Shares of TEC. Compared with a short-form merger, a tender offer or long-form merger takes much more time to complete and involves substantially greater costs. Although a reverse stock split may involve a smaller aggregate cash payment to the Public Stockholders, the Filing Persons decided not to use a reverse stock split to privatize TEC due to the following concerns: (i) a reverse stock split requires TEC to amend its memorandum and articles of association which may take much more time than a short-form merger; (ii) a reve...
txn_type = CONSOLIDATION...in the form of cash merger consideration, to the Public Stockholders for their Ordinary Shares of TEC. Compared with a short-form merger, a tender offer or long-form merger takes much more time to complete and involves substantially greater costs. Although a reverse stock split may involve a smaller aggregate cash payment to the Public Stockholders, the Filing Persons decided not to use a reverse stock split to privatize TEC due to the following concerns: (i) a reverse stock split requires TEC to amend its memorandum and articles of association which may take much more time than a short-form merger; (ii) a reve...

The filings

FiledFormRoleOn EDGAR
2013-01-24SC 13E3original (governing)View
2013-03-01SC 13E3/AamendmentView
2013-03-15SC 13E3/AamendmentView
2013-03-15SC 13E3/AamendmentView