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Agnc Investment Announces Amendment To Mtge Management Agreement In Connection With Proposed Acquisition Of latter


Wednesday, 2 May 2018 06:52pm EDT 

May 2 (Reuters) - AGNC Investment Corp ::ANNOUNCES AMENDMENT TO MTGE MANAGEMENT AGREEMENT IN CONNECTION WITH PROPOSED ACQUISITION OF MTGE INVESTMENT CORP. BY ANNALY CAPITAL MANAGEMENT, INC..TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND IS EXPECTED TO CLOSE IN Q3 OF 2018.AGNC INVESTMENT- ADDITION TO REGULAR MONTHLY MANAGEMENT FEES PAYABLE FOR ONGOING SERVICE, MTGE MANAGEMENT WILL BE PAID TERMINATION FEE OF $41.7 MILLION. 

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