AAIC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Arlington Asset Investment Corp. Is Fair to Shareholders

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May 30, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Arlington Asset Investment Corp. (NYSE: AAIC) to Ellington Financial Inc. is fair to Arlington shareholders. Under the terms of the merger agreement, (i) each share of Arlington common stock will be converted into 0.3619 shares of Ellington common stock, and (ii) Arlington common stockholders will also receive $0.09 per share. Upon the closing of the proposed acquisition, Arlington stockholders are expected to own approximately 15% of the combined company’s stock.