SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (67089)4/14/2021 8:28:40 AM
From: E_K_S  Respond to of 78715
 
BRIEF-New Residential Investment Corp To Acquire Caliber Home Loans Inc

April 14 (Reuters) - New Residential Investment Corp NRZ :

* NEW RESIDENTIAL INVESTMENT CORP. TO ACQUIRE CALIBER HOME LOANS, INC.

* NEW RESIDENTIAL INVESTMENT - CO WILL PAY CASH CONSIDERATION OF $1.675 BILLION, OR ABOUT 1.0X EXPECTED TANGIBLE BOOK VALUE AT CLOSING, TO ACQUIRE CALIBER

* NEW RESIDENTIAL INVESTMENT CORP - ACQUISITION IS EXPECTED TO BE ACCRETIVE IN FIRST FULL CALENDAR YEAR FOLLOWING CLOSE OF ACQUISITION

* NEW RESIDENTIAL - INTENDS TO FINANCE ACQUISITION THROUGH MIX OF EXISTING CASH, AVAILABLE LIQUIDITY ON CO & CALIBER COMBINED BALANCE SHEET



To: Madharry who wrote (67089)4/14/2021 9:24:20 AM
From: E_K_S  Read Replies (2) | Respond to of 78715
 
New Residential Investment (NRZ) Says Offering 45.0 Million Common Shares
* . ANNOUNCES PUBLIC OFFERING OF COMMON STOCK

* SAYS OFFERING 45.0 MILLION COMMON SHARES
---------------------------------------------------------

I guess necessary for announced acquisition. May be net neutral rather than dilutive.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News