Annaly Capital (NLY) commences its tender all shares of CreXus Investment (CXS) it does not...

|About: Annaly Capital Managemen... (NLY)|By:, SA News Editor

Annaly Capital (NLY) commences its tender all shares of CreXus Investment (CXS) it does not already own for $13/share, plus the prorated portion of any dividend that would have been earned in Q2. Annaly also appoints former Morgan Stanley executive John Schaefer to the board. (PR)