Great Ajax falls after merger deal with Ellington Financial is terminated

Ellington Financial

20/10/2023 21:31

** Shares of Great Ajax Corp  AJX.N  fall 16.80% to $5.30 in
after-market trading
    ** Ellington Financial  EFC.N  and AJX terminate merger
agreement, more than three months after they agreed to combine 
    ** Ellington says the two companies intend to continue to
work together on mortgage loan opportunities
    ** YTD, shares of AJX are down 12.14%

 (Reporting by Ananta Agarwal in Bengaluru)