Annaly Capital To Acquire Hatteras Financial For $1.5b, Or $15.85 Per Share
April 11, 2016 at 08:49 AM EDT
The value of the consideration represents a premium of approximately 24% to the 60-day volume-weighted average price of Hatteras common stock ending on April 8, 2016 and a multiple of 0.85x Hatteras' estimated book value per share.
