An offer made by JNJ expires on Friday which allows investors to exchange all, part, or none of their JNJ shares for KVUE:
J&J’s Kenvue Spinoff Is Almost Here. What to Do Now.: https://www.barrons.com/articles/kenvue-jnj-stock-price-exchange-offer-e85c3c90
There seems to be a unique opportunity here for retail investors who purchase an odd lot of 99 shares or less whereby the odd lot is not subject to proration:
Want to Make $1,000 in 2 Weeks? Buy 99 Shares of J&J Stock.: https://www.barrons.com/articles/jnj-kenvue-stock-price-odd-lot-rule-96aa9b74
Curious, is anyone here attempting to capture the spread on this exchange? If so, are we too late to jump on board now to capture the spread? Is there an easy way to calculate the expected return of the exchange?
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