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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Apollo Residential Mortgage Inc (NYSE: AMTG) acted responsibly on behalf of investors’ profitability in the planned $641 million sale to Apollo Commercial Real Estate Finance Inc (NYSE: ARI).
On February 26, 2016, Apollo Residential Mortgage Inc (NYSE: AMTG) and Apollo Commercial Real Estate Finance Inc (NYSE: ARI) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Apollo Residential stockholders will receive approximately 0.417 Apollo Commercial shares of common stock per Apollo Residential share of common stock and approximately $7.53 per share in cash, based upon Apollo Residential book value per share of common stock on December 31, 2015 of $16.40.
Based in New York, New York, and founded in 2011 Apollo Residential Mortgage Inc invests in residential mortgage assets in the United States
The investigation focuses on whether NYSE: AMTG investors received the highest price and whether the directors of Apollo Residential Mortgage Inc acted in the best interest of Apollo Residential Mortgage Inc company and its shareholders.
If you purchased Apollo Residential Mortgage Inc (NYSE: ARI) prior to February 26, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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