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February 2011

Recs

3

Hollywood Media Corp (HOLL) tender offer

February 14, 2011 – Comments (1) | RELATED TICKERS: HOLL

This is a short term trade idea for Hollywood Media Corp. (HOLL). The
company is doing a tender offer for about 25% of its shares
outstanding for $2.05. The offer expires on February 18. Currently,
shares are trading at $1.94, or about 5.6% under the tender price. It
usually takes a week after the offer expires to get your cash, so 5.6%
in two weeks is a very high annualized return. However, the actual
return will probably be less, since the amount of shares you tender
will probably be prorated.

http://www.hollywoodmedia.com/press_releases/press_release_2011_02_03...
  [more]

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