Great Ajax shares are trading lower after the company and Ellington Financial announced the mutual termination of their merger agreement.
Portfolio Pulse from Benzinga Newsdesk
Great Ajax Corp. and Ellington Financial have mutually terminated their merger agreement, leading to a drop in Great Ajax's share price.
October 23, 2023 | 3:15 pm
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NEGATIVE IMPACT
Great Ajax's shares are trading lower after the termination of the merger agreement with Ellington Financial.
The termination of the merger agreement is a significant event for Great Ajax, leading to uncertainty about the company's future plans and causing a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100