Brief: AG Mortgage Investment Trust And Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio For Proposed Merger

TPG Mortgage Investment Trust

19/10/2023 22:55

AG Mortgage Investment Trust Inc  MITT.N :
    * AG MORTGAGE INVESTMENT TRUST AND WESTERN ASSET MORTGAGE
CAPITAL
CORPORATION ANNOUNCE FINAL EXCHANGE RATIO FOR PROPOSED MERGER
    * WESTERN ASSET MORTGAGE CAPITAL - EACH SHARE OF WMC COMMON
STOCK
WILL CONVERTED INTO RIGHT TO RECEIVE 1.498 SHARES OF MITT COMMON
STOCK
    * WESTERN ASSET MORTGAGE CAPITAL-EACH SHARE OF WMC TO BE
CONVERTED
INTO RIGHT TO GET PER SHARE PORTION OF CASH FROM MITT MANAGER
EQUAL TO LESSER OF $7 MILLION

Source text for Eikon:  ID:nBw80sqWya 
Further company coverage:  MITT.N