Cases
MTGE Investment Corp. (NASDAQ: MTGE)
Merger
Overview
Overview
- Date:
- 5/3/2018
- Company Name:
- MTGE Investment Corp.
- Stock Symbol:
- MTGE
- Company Name - Buyer:
- Annaly Capital Management, Inc.
- Stock Symbol - Buyer:
- NLY
- Status:
- Closed/Complete
NEW YORK, May 3, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of MTGE Investment Corp. (NASDAQ: MTGE) stockholders concerning the proposed acquisition of the company by Annaly Capital Management, Inc. (NYSE: NLY).
Our investigation concerns whether MTGE’s board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Annaly. Under the terms of the agreement, MTGE stockholders can elect to receive either: (i) $19.65 in cash, (ii) 1.9037 shares of Annaly Common Stock, or (iii) $9.82 in cash and 0.9519 shares of Annaly Common Stock for each MTGE share that they own.
If you own MTGE shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether MTGE’s board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Annaly. Under the terms of the agreement, MTGE stockholders can elect to receive either: (i) $19.65 in cash, (ii) 1.9037 shares of Annaly Common Stock, or (iii) $9.82 in cash and 0.9519 shares of Annaly Common Stock for each MTGE share that they own.
If you own MTGE shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.