Western Asset Mortgage Capital Corporation (WMC)

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company,” “we,” or “WMC”) (NYSE: WMC) announced today that its stockholders have voted to approve the proposed merger transaction with AG Mortgage Investment Trust, Inc. (“MITT”) (NYSE: MITT) at a special meeting of stockholders of WMC held today. Approximately 55% of the issued and outstanding shares of WMC common stock entitled to vote at the special meeting of stockholders of WMC voted in favor of the adoptio.

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”) announced that its Board of Directors has declared a second interim fourth quarter dividend of $0.10 per common share in light of the adjournment of the special meeting of WMC stockholders until December 5, 2023. The dividend is payable on December 5, 2023 to stockholders of record as of November 30, 2023. The second interim fourth quarter dividend is being made in connection with the previously an.

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”) announced that it expects to adjourn its special meeting of stockholders (the “Special Meeting”) relating to the proposed merger with AG Mortgage Investment Trust, Inc. (“MITT”) until December 5, 2023, at 9:00 a.m. Pacific Time, online in a virtual-only meeting format, due to a lack of quorum and to allow further solicitation of proxies from WMC common stockholders for the approval of the merger at.

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company,” “we,” or “WMC”) (NYSE: WMC) announced today that Glass Lewis became the second leading independent proxy advisory firm, joining Institutional Shareholder Services Inc. (ISS), to recommend that stockholders vote “FOR” the proposed merger with AG Mortgage Investment Trust, Inc. (“MITT”), in which each outstanding share of WMC common stock will be converted into the right to receive (i) 1.498 shares of MI.

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company,” “we,” or “WMC”) (NYSE: WMC) announced today that leading proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) recommends that stockholders vote “FOR” the proposed merger with AG Mortgage Investment Trust, Inc. (“MITT”), in which each outstanding share of WMC common stock will be converted into the right to receive (i) 1.498 shares of MITT common stock and (ii) the per share portion of a.

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $74 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), jointly announced today that they have determined the final exchange ratio in accordance with the terms of the Agreement and Plan of Merger, dated as.

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $74 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), jointly announced today that they have determined the final exchange ratio in accordance with the terms of the Agreement and Plan of Merger, dated as.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Western Asset Mortgage Capital Corporation (NYSE: WMC) to AG Mortgage Investment Trust, Inc. (NYSE: MITT). Under the terms of the proposed transaction, shareholders of Western Asset are expected to own approximately 31% of the combined company. KSF is seeking to determine whether the consideration and the proc.

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.35 per share for the third quarter of 2023. Today's dividend is payable on October 26, 2023 to common shareholders of record as of October 2, 2023, with an ex-dividend date of September 29, 2023. In addition, the Company estimates that its GAAP book value per share, as of August 31, 2023, was approximately $13.97.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Western Asset Mortgage Capital Corporation (NYSE: WMC) to AG Mortgage Investment Trust, Inc. (NYSE: MITT). Under the terms of the proposed transaction, shareholders of Western Asset are expected to own approximately 31% of the combined company. KSF is seeking to determine whether the consideration and the proc.

Western Asset Mortgage Capital Corporation (NYSE:WMC ) Q2 2023 Earnings Conference Call August 9, 2023 11:00 AM ET Company Participants Jeff Haas - Director, Financial Profiles, Inc. Bonnie Wongtrakool - Chief Executive Officer Sean Johnson - Deputy Chief Investment Officer Greg Handler - Chief Investment Officer Robert Lehman - Chief Financial Officer Operator Welcome to the Western Asset Mortgage Capital Corporation's Second Quarter 2023 Earnings Conference Call. Today's call is being recorded and will be available for replay beginning at 5:00 p.m.

NEW YORK--(BUSINESS WIRE)--Terra Property Trust, Inc. (“TPT” or “we”) today issued the below statement regarding its terminated merger agreement with Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”). Vik Uppal, Chairman & CEO of TPT and Mavik Capital Management, L.P., commented: "We are disappointed that we could not come to an agreement with WMC's Board of Directors to merge. Our innovative proposal provided superior value to WMC stockholders in every regard, including higher.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Western Asset Mortgage Capital Corporation (NYSE: WMC) to AG Mortgage Investment Trust, Inc. for stock and cash is fair to Western Asset shareholders. Upon the closing of the merger, Western Asset shareholders are expected to own approximately 31% of the combined company's stock. Halper Sadeh encourages Western Asset shareholders to click here to learn more about their legal rights and.

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $73 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), today announced that they have entered into a definitive merger agreement, pursuant to which MITT will acquire WMC in a fixed exchange ratio stock/ca.

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $73 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), today announced that they have entered into a definitive merger agreement, pursuant to which MITT will acquire WMC in a fixed exchange ratio stock/ca.