WMC News and Press, Western Asset Mortgage Capital Corporation From 08/03/23

Asserts New Proposal Delivers Superior Value for the Company’s Stockholders Relative to AG Mortgage Investment Trust’s Unsolicited Offer Highlights Proposal Provides Stockholders with Larger Value on a Total Basis and Cash Basis, Perpetually Lower Management Fees, and Gr...

Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”) today announced that WMC’s board of directors has determined in good faith, after consultation with its financial advisors and outside legal counsel, that the unsolicited proposal from AG Mortgage Investment Trust...

2023-07-26 03:51:59 ET Terra Property Trust, a REIT externally managed by a Mavik Capital Management unit, acquired ~5.2% of of AG Mortgage Investment Trust's ( NYSE: MITT ) outstanding shares, making it MITT's second-largest shareholder . TPT believes AG Mortgage ( MITT...

2023-07-23 09:00:00 ET Summary U.S. equity markets extended their "disinflation rally" this week after European inflation data mirrored encouraging trends observed domestically, while economic data and earnings results were consistent with a "soft landing" trajectory. Posting its ...

2023-07-18 17:09:07 ET Western Asset Mortgage Capital ( NYSE: WMC ) will start talks with AG Mortgage Investment Trust ( NYSE: MITT ) because AG Mortgage's unsolicited proposal is "reasonably expected" to result in a superior proposal to Terra Property Trust's merger agr...

Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”) today announced that WMC’s board of directors has determined in good faith, after consultation with its financial advisors and outside legal counsel, that the unsolicited proposal from AG Mortgage Investment Trust...

2023-07-16 09:00:00 ET Summary U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&am...

TERRA PROPERTY TRUST REAFFIRMS INTENTION TO MERGE WITH WESTERN ASSET MORTGAGE CAPITAL CORPORATION PR Newswire Underscores Compelling Strategic Benefits for WMC Stockholders Clarifies Items Contained in Press Release by AG Mortgage Investment Trust, Inc. NEW Y...

2023-07-13 08:21:57 ET AG Mortgage Investment Trust ( NYSE: MITT ) said Thursday it offered to buy Western Asset Mortgage Capital ( NYSE: WMC ) for an implied price of $9.88 per share, consisting of a stock consideration of $8.90 a share and cash consideration of $0.98 a...

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Westmount Minerals Corp.  (CSE: WMC)  ("Westmount" or the "Company") is pleased to announce it has mobilized an exploration team to the Kaba Lithium Property (the " Property ") in Northwestern Ontario. The team has comm...