New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 31, 2013
06:34 EDTNLY, CXSAnnaly Capital to acquire CreXus for $872M
Annaly Capital (NLY) has reached a definitive agreement with CreXus (CXS) to acquire for $13.00 per share in cash (plus a payment in lieu of a prorated dividend) all the shares of CreXus that Annaly does not currently own. CreXus has approximately 76,630,528 shares of common stock outstanding, of which Annaly holds 12.4%. The transaction values CreXus at $996M and represents a total consideration paid by Annaly of $872M. The price of $13.00 per share in cash represents approximately a 17.1% premium to CreXus’ last reported share price on November 9, 2012.
News For NLY;CXS From The Last 14 Days
Check below for free stories on NLY;CXS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 9, 2014
16:12 EDTNLYAnnaly Capital appoints Michael Maffattone as Chief Technology Officer
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use