American Capital Mortgage Investment Corp. (MTGE)

[Dallas66]

MTGE is being bought by Annaly (NLY)

Under the terms of the agreement, MTGE stockholders can elect to receive either: (i) $19.65 in cash, (ii) 1.9037 shares of Annaly Common Stock, or (iii) $9.82 in cash and 0.9519 shares of Annaly Common Stock for each MTGE share that they own.

The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2018.