Brief: Western Asset Mortgage Capital Corporation To Engage In Discussions With AG 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WITHDRAWN OR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)
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