I didn't know where to post this on Ihub, so I'm doing it here since this is a free board. I know it's miscatagorized...
Basically JAKK is tendering for 4 million shares at a price of $20 per share. Holders of 99 shares or less get the full $20 - their shares don't get prorated. I think it closed today at $18.50.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.