Great Ajax stock rallies after Ellington Financial agrees to buy it at a premium in REIT merger

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Great Ajax Corp. stock is rallying 9% in premarket trades Monday after it agreed to be acquired by Ellington Financial Inc. for about $173 million in stock....

Great Ajax Corp. AJX stock is rallying 9% in premarket trades Monday after it agreed to be acquired by Ellington Financial Inc. EFC for about $173 million in stock. Ellington Financial said each share of Great Ajax common stock will be converted into 0.5308 shares of Ellington Financial common stock, or approximately 12.5 million shares of Ellington Financial common stock valued at about $172.5 million. The deal implies an offer price of $7.

Ellington Financial said each share of Great Ajax common stock will be converted into 0.5308 shares of Ellington Financial common stock, or approximately 12.5 million shares of Ellington Financial common stock valued at about $172.5 million. The deal implies an offer price of $7.33 per share for Great Ajax common stock, a premium of 19% above its closing price of $6.13 a share on Friday. Ellington Financial stockholders would own about 84% of the combined company.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Essence Festival of Culture makes economic empowerment, financial wellness top of businessThe celebration of women continues at the 2023 Essence Festival of Culture with economic empowerment and wellness panels to help attendees plan for a brighter financial future.
مصدر: abc13houston - 🏆 255. / 63 اقرأ أكثر »

Essence Festival of Culture makes economic empowerment, financial wellness top of businessThe celebration of women continues at the 2023 Essence Festival of Culture with economic empowerment and wellness panels to help attendees plan for a brighter financial future.
مصدر: abc7newsbayarea - 🏆 529. / 51 اقرأ أكثر »

Essence Festival of Culture makes economic empowerment, financial wellness top of businessThe celebration of women continues at the 2023 Essence Festival of Culture with economic empowerment and wellness panels to help attendees plan for a brighter financial future.
مصدر: ABC7NY - 🏆 592. / 51 اقرأ أكثر »

Essence Festival of Culture makes economic empowerment, financial wellness top of businessThe celebration of women continues at the 2023 Essence Festival of Culture with economic empowerment and wellness panels to help attendees plan for a brighter financial future.
مصدر: 6abc - 🏆 250. / 63 اقرأ أكثر »

Essence Festival of Culture makes economic empowerment, financial wellness top of businessThe celebration of women continues at the 2023 Essence Festival of Culture with economic empowerment and wellness panels to help attendees plan for a brighter financial future.
مصدر: ABC7Chicago - 🏆 284. / 63 اقرأ أكثر »