Brief: Western Asset Mortgage Capital Corporation To Engage In Discussions With AG Mortgage Investment Trust

TPG Mortgage Investment Trust

18/07/2023 22:01

July 18 (Reuters) - Western Asset Mortgage Capital Corp
 WMC.N :
    * WESTERN ASSET MORTGAGE CAPITAL CORPORATION TO ENGAGE IN
DISCUSSIONS WITH AG MORTGAGE INVESTMENT TRUST, INC.
    * WESTERN ASSET MORTGAGE CAPITAL: DETERMINED UNSOLICITED
PROPOSAL
FROM AG MORTGAGE INVESTMENT REASONABLY EXPECTED TO LEAD TO
"PARENT SUPERIOR PROPOSAL"
    * WESTERN ASSET MORTGAGE CAPITAL - WMC INTENDS TO ENGAGE IN
DISCUSSIONS WITH MITT REGARDING ITS PROPOSAL, IN ACCORDANCE WITH
DEAL TERMS WITH TPT
    * WESTERN ASSET MORTGAGE CAPITAL - WMC BOARD HAS NOT
WITHDRAWN OR
MODIFIED ITS RECOMMENDATION REGARDING PENDING TRANSACTION WITH
TPT

Source text for Eikon:  ID:nBw8WKXG0a 
Further company coverage:  WMC.N 

 (Reuters.Briefs@thomsonreuters.com)