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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: abc13houston - 🏆 255. / 63 Прочитайте больше »

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.
Источник: abc7newsbayarea - 🏆 529. / 51 Прочитайте больше »

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.
Источник: ABC7NY - 🏆 592. / 51 Прочитайте больше »

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.
Источник: 6abc - 🏆 250. / 63 Прочитайте больше »

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.
Источник: ABC7Chicago - 🏆 284. / 63 Прочитайте больше »