Tuesday, April 15, 2014

Tender Offer / Management buy back - American Realty Capital Healthcare Trust Inc

AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC

If you want to make little less than a hundred dollars on a ~$1000 investment almost risk free, read further.

The opportunity is to buy 99 shares of AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC(NASDAQ: HCT), and ask your broker to tender all the shares in management tender/buyback @ $11/share. Currently the shares are trading at @ $10.20. so, you pocket the difference between (11 - 10.2)*99, less brokerage costs. This needs to be done before May 2nd 2014. There is a special provision/priority for the shareholders who hold less than 100 shares. Here is the SEC filing of this tender offer which includes the odd lot provisions.

https://www.sec.gov/Archives/edgar/data/1499875/000114420414021248/v373929_exh99ai.htm

Feel free to send this to anyone who would like to benefit from this idea. Let me know if you have any questions.