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 Arlington Asset Investment Corp. (NYSE: AAIC) to Ellington Financial Inc. (NYSE: EFC). Under the terms of the proposed transaction, shareholders of Arlington will receive 0.3619 shares of Ellington common stock and $0.09 in cash for each share of Arlington that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
ARLINGTON ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arlington Asset Investment Corp. - AAIC
Jun 01, 2023
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