Bethesda-based real estate investment trust MTGE Investment Corp. will be acquired by a New York-based capital manager for $900 million in cash and stock, the companies announced Wednesday. Annaly Capital Management Inc. (NYSE: NLY) is expected to close on its purchase of MTGE (NASDAQ: MTGE) in the third quarter. “We are excited to have reached an agreement with Annaly for the sale of our company and expect that our shareholders will benefit from the increased diversification, scale and liquidity…
from https://www.bizjournals.com/baltimore/news/2018/05/03/bethesda-based-reit-to-be-acquired-for-900m-in.html?ana=RSS&s=article_search
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