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EFC / Ellington Financial And Arlington Asset Investment To Merge, M&A Arbitrage Play

Ellington Financial And Arlington Asset Investment To Merge, M&A Arbitrage Play
Ellington Financial announced a definitive stock and cash merger agreement with Arlington Asset Investment Corp., offering numerous benefits to both companies. The merger is anticipated to be accretive to Ellington Financial's earnings in 2023 and book value within one year of closing, with enhanced long-term growth potential. There may still be some arbitrage opportunity in buying Arlington common post-announcement, with the potential for trading gains for those willing to take the risk. Read More
Posted: May 31 2023, 07:54
Author Name: Seeking Alpha
Views: 112214

EFC News  

Ellington Financial Announces Release Date of Third Quarter 2023 Earnings, Conference Call, and Investor Presentation

By Business Wire
October 25, 2023

Ellington Financial Announces Release Date of Third Quarter 2023 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for more_horizontal

Ellington Financial: Lack Of Dividend Coverage Makes Me Hesitant

By Seeking Alpha
September 25, 2023

Ellington Financial: Lack Of Dividend Coverage Makes Me Hesitant

Ellington Financial Inc. offers an attractive dividend yield of around 13.96%. The mREIT's share price has been affected by mark-to-market losses in c more_horizontal

Ellington Financial: Impending Acquisitions, A Potential Turning Point

By Seeking Alpha
July 6, 2023

Ellington Financial: Impending Acquisitions, A Potential Turning Point

Ellington Financial Inc., a real estate investment trust, is leveraging mergers and acquisitions for long-term growth, despite a 10.74% loss in shares more_horizontal

3 Monthly Dividend Stocks to Buy in July for a Passive Income Stream

By InvestorPlace
July 4, 2023

3 Monthly Dividend Stocks to Buy in July for a Passive Income Stream

Dividend payments typically reach shareholders quarterly or annually in the stock market. However, some companies, particularly Real Estate Investment more_horizontal

Ellington Financial (EFC) Agrees to Acquire Arlington (AAIC)

By Zacks Investment Research
June 1, 2023

Ellington Financial (EFC) Agrees to Acquire Arlington (AAIC)

Ellington Financial (EFC) enters into an agreement to acquire Arlington (AAIC) in a stock-and-cash transaction. This deal is likely to increase scale more_horizontal

Ellington Financial And Arlington Asset Investment To Merge, M&A Arbitrage Play

By Seeking Alpha
May 31, 2023

Ellington Financial And Arlington Asset Investment To Merge, M&A Arbitrage Play

Ellington Financial announced a definitive stock and cash merger agreement with Arlington Asset Investment Corp., offering numerous benefits to both c more_horizontal

Ellington Financial buying Arlington Asset Management in $1 bln deal

By Market Watch
May 30, 2023

Ellington Financial buying Arlington Asset Management in $1 bln deal

Arlington Asset Investment Corp.'s stock AAIC, +1.85% is rallying 50% in premarket trades Tuesday after Ellington Financial Inc. EFC, +4.07% said it w more_horizontal

Ellington Financial Announces Release Date of First Quarter 2023 Earnings, Conference Call, and Investor Presentation

By Business Wire
May 1, 2023

Ellington Financial Announces Release Date of First Quarter 2023 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for more_horizontal


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