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Real Estate M&A image Real Estate M&A » By The Online Investor Staff, updated Mon., Mar. 18, 11:09 PM Recent mergers and acquisitions in the Real Estate M&A category.

Slide #71. Annaly Capital Management, Inc. CreXus Investment Corp.

Acquirer: Annaly Capital Management, Inc. (NLY)
Acquiree: CreXus Investment Corp. (CXS)
Details: Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that it has reached a definitive agreement with CreXus Investment Corp. (NYSE:CXS) ("CreXus") 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.

Annaly Capital Management is an internally-managed real estate investment trust. Co. is capital manager with investment strategies across mortgage finance and corporate middle market lending. Co. owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer securities, other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans, mortgage servicing rights and corporate debt. Co.'s three investment groups are primarily comprised of the following: Annaly Agency Group; Annaly Residential Credit Group; and Annaly Middle Market Lending Group.

NLY SEC Filing Email Alerts Service

Preferreds: NLY.PRA, NLY.PRC, NLY.PRE, NLY.PRD, NLY.PRF, NLY.PRG, NLY.PRI



Open the NLY Page at The Online Investor »

Annaly Capital Management is an internally-managed real estate investment trust. Co. is capital manager with investment strategies across mortgage finance and corporate middle market lending. Co. owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer securities, other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans, mortgage servicing rights and corporate debt. Co.'s three investment groups are primarily comprised of the following: Annaly Agency Group; Annaly Residential Credit Group; and Annaly Middle Market Lending Group.

NLY SEC Filing Email Alerts Service

Preferreds: NLY.PRA, NLY.PRC, NLY.PRE, NLY.PRD, NLY.PRF, NLY.PRG, NLY.PRI



Open the CXS Page at The Online Investor »

Company Name: 
Annaly Capital Management Inc
Stock buyback: 
NLY buyback
Website: 
www.annaly.com
Sector: 
REITs
Number of ETFs Holding NLY: 
69
Total Market Value Held by ETFs: 
$1.81B
Total Market Capitalization: 
$9.71B
% of Market Cap. Held by ETFs: 
18.61%
Company Name: 
CreXus Investment Corp
Website: 
www.crexusinvestment.com
Sector: 
REITs
 

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