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