AJX - Why Great Ajax Corp. Stock Plummeted Today | Benzinga
Great Ajax Corp. (NYSE: AJX) shares are trading lower after the company and Ellington Financial announced the mutual termination of their merger agreement.
What To Know: The mutual termination was announced after the close of the market last Friday and was made effective immediately. Additionally, Ellington Financial agreed to pay Great Ajax $16 million of which $5 million is payable in cash. $11 million was paid as consideration for approximately ...