Brief: Chimera Investment To Acquire Palisades For $30 Mln Plus $20 Mln Earnout
17/10/2024 11:32
Oct 17 (Reuters) - Chimera Investment Corp CIM.N :
* CHIMERA INVESTMENT CORPORATION (NYSE: CIM) (“CHIMERA”)
ANNOUNCES
DEFINITIVE AGREEMENT TO ACQUIRE PALISADES GROUP
* CHIMERA INVESTMENT CORP - TO ACQUIRE PALISADES FOR $30
MILLION
PLUS $20 MILLION EARNOUT
* CHIMERA INVESTMENT CORP - TRANSACTION EXPECTED TO BE
ACCRETIVE
TO EARNINGS IN 2025
Source text for Eikon: ID:nBw8Ptxzna
Further company coverage: CIM.N
((Reuters.Briefs@thomsonreuters.com;))
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