AGNC Investment Corp.NASDAQ
Mon, May 23, 7:52 AM
- American Capital (NASDAQ:ACAS) owners will receive about $3.43B in cash and ARCC common stock consideration, or $14.95 per share.
- In addition, American Capital is selling the manager of American Capital Agency (NASDAQ:AGNC) to American Capital Agency for $562M, or $2.45 per share. Ares Management (NYSE:ARES) will help finance the deal.
- Together, American Capital shareholders are getting $17.40 in value for each share they own vs. Friday's close of $15.62.
- A conference call is set for 8:30 ET.
- Source: Press Release