By Business Wirevia The Motley Fool
Filed under: Investing
CreXus Investment Corp. Announces Availability of Amended Tender Offer Materials
NEW YORK–(BUSINESS WIRE)– CreXus Investment Corp. (NYS: CXS) (“CreXus”, or the “Company”) announced today that it will file Amendment No. 2 to its Solicitation/Recommendation Statement on Schedule 14D-9 and Amendment No. 1 to its Rule 13e-3 Transaction Statement, both originally filed with the Securities and Exchange Commission (the “SEC“) on March 18, 2013 and April 2, 2013, respectively, in response to the cash tender offer of $13.00 per common share, plus a sum approximating a prorated portion of the dividend the tendering stockholder would have received with regard to the quarter during which the tender offer expires (the “Offer”), commenced on March 18, 2013 by CXS Acquisition Corporation (the “Purchaser”), a wholly owned subsidiary of Annaly Capital Management, Inc. (NYS: NLY) (“Annaly”). The amendments provide additional disclosure about the Offer, the Merger and CreXus, including, among other things, summary financial information for CreXus for the last two fiscal years. The terms and conditions of the Offer remain the same, as set forth in the tender offer materials previously disseminated by CreXus, Annaly and the Purchaser. All of the tender offer materials, including the amendments filed today, are accessible to stockholders free of charge on the SEC‘s website at www.sec.gov and also on CreXus’ website at www.crexusinvestment.com under Investor Relations – SEC Filings. Stockholders are encouraged to read all of the tender offer materials, including the amendments filed today.
Important Information about the Tender Offer
This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. The Offer is being made pursuant to a Tender Offer Statement on Schedule TO (including the Offer to Purchase, the related Letter of Transmittal and other tender offer materials) filed by Annaly and the Purchaser with the SEC on March 18, 2013, as amended or updated on March 26, 2013 and April 2, 2013, and pursuant to a Transaction Statement on Schedule 13E-3 filed by Annaly and the Purchaser with the SEC on March 26, 2013, as amended on April 2, 2013. In addition, CreXus filed with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 on March 18, 2013, as amended on April 2, 2013, and a Transaction Statement on Schedule 13E-3 with respect to the Offer on April 2, 2013. Annaly’s Tender Offer Statement on Schedule TO (and related materials) and Transaction Statement on Schedule 13E-3 and CreXus’ Solicitation/Recommendation Statement on Schedule 14D-9 and Transaction Statement on Schedule 13E-3, each
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