Seeking Alpha

Annaly Capital (NLY) announces a $12.50 bid to acquire all of the shares of CreXus Investment...

Annaly Capital (NLY) announces a $12.50 bid to acquire all of the shares of CreXus Investment (CXS) it does not already own. The price represents about a 5% premium to CreXus' Sept. 30 reported book value and a 12.6% premium to Friday's close. Annaly currently owns about 12.4% of the company. (PR)
From other sites
Comments (1)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    If you can't make money buying MBS, just start buying other mREITs whole.

     

    Seems reasonable to me.

     

    NLY is up 1% or so today.
    12 Nov 2012, 10:37 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs