Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Feb. 26, 2:13 PM

This Slide: #48 of 100

Slide #48. Amherst Residential, LLC — Front Yard Residential Corporation

Acquirer:	Amherst Residential, LLC
Acquiree:	Front Yard Residential Corporation (NYSE:RESI)
Details:	Amherst Residential, LLC ("Amherst Residential"), a privately-owned, vertically-integrated real estate firm, and Front Yard Residential Corporation ("Front Yard" or the "Company") (NYSE: RESI), two industry leading providers of high-quality and affordable rental homes, announced today that the companies have entered into a definitive merger agreement, whereby Amherst Residential will acquire Front Yard in a transaction valued at approximately $2.3 billion, including debt to be assumed or refinanced.

Open the RESI Page at The Online Investor »

RESI — Key Stats (updated 3 HRs, 48 MINs ago)

Company Name:
Front Yard Residential Corp
Stock buyback:
RESI buyback
Website:
www.frontyardresidential.com
Sector:
REITs
Number of ETFs Holding RESI:
22
Total Market Value Held by ETFs:
$116.73M
Total Market Capitalization:
$686.00M
% of Market Cap. Held by ETFs:
17.02%

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