Enzon plans to offer 40K models at a subscription value of $1,090/unit; each unit will consist of 1 preferred share par worth $1,000, and 750 frequent inventory shares. Fourth Street shareholders will obtain 0.1275 shares of Seacoast common inventory for each share of Fourth Street common inventory held immediately prior to the merger. The financial institution is looking to make investments of $30M-$200M in firms, with a mean of ~$50M per deal, one person stated. Mortgage servicing corporations have stabilized a bit this week following average to sturdy declines within the wake of a new half-level “antagonistic market payment” from Fannie Mae and Freddie Mac on refinancings. Subscribers have exclusive access to Notable Calls, Premium Insights, and our newly launched Catalyst Watch.
No fr...Read More