Tender & Exchange Offers
MacKenzie's chief function is to act as Information Agent for the offer. In this role, we take charge of "communicating the message" through a telephone calling campaign and the distribution of all tender offer documents and related materials to money managers, banks, brokerage houses, arbitrageurs and individual shareholders. We also field all incoming telephone calls from shareholders with questions about the offer or procedures for tendering their shares. Our calling center in Manhattan can routinely handle hundreds of shareholder calls each day.
Before a bid is announced, our role is more strategic and conceptual in nature. We analyze the composition of the target's shareholder base to help determine the potential success of a specific deal or to help define a deal structure, including pricing, which would have the best chance for success. We do similar analysis regarding the corporate performance and industry position of a target or potential targets.
Contact Our Team with your questions or concerns.
Securityholder Identification/Market Surveillance
MacKenzie's Proxy Solicitation and Mergers & Acquisitions Services Group provides advisory and execution services for annual and special meetings and in corporate control contests - such as unsolicited tender offers, proxy fights and consent contests.
MacKenzie's Securityholder ID and Market Surveillance unit is both a stand-alone service for our clients as well as an important diagnostic tool for our work in solicitations, proxy contests and tender offers.
Our principal mission is to provide clients with information and analysis about the trading patterns, movement and price performance of their equity or debt securities on a monthly, weekly, daily or even hourly basis, if necessary. This permits us to uncover share accumulations by a potentially hostile buyer, continuously monitor price and volume fluctuations, track large buying or selling positions by various brokers and discover the beneficial owners of those trades.
We employ many tools to follow trading patterns and to get behind the Street name owners. This process involves using basic securities trading information - 13(f) filings, on-line access to public posting of trades by major brokers and a company's registered shareholder, NOBO and depositary listings. Public filings and other information, however, usually are too dated to be useful on a real-time basis, and is only the first step in developing a comprehensive ownership profile.
To further refine that profile, we rely on a number of other tools as well. These principally include gathering information from our Street sources, which include longtime contacts at banks and brokerage houses, arbitrageurs, traders and other institutional investors with whom we communicate daily. We also rely upon MacKenzie Partners' proprietary database of account numbers and other trading information that is particularly helpful in identifying specific beneficial owners.
Contact Our Team with your questions or concerns.
Sentinel Market Intelligence (TM)
An innovative way to
identify & understand
your shareholders. In a proxy fight, activism preparedness context, M&A transaction, or
contested proposal, an informational advantage can be the difference
between success and failure. Our Sentinel Market Intelligence (TM) Team
leverages our proprietary knowledge and data-driven analytics, along
with our deep institutional relationships, to provide actionable insight
for our clients when they need it most.