financetom
Business
financetom
/
Business
/
BRIEF-Chimera Investment Corporation Announces Definitive Agreement To Acquire Homexpress Mortgage
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Chimera Investment Corporation Announces Definitive Agreement To Acquire Homexpress Mortgage
Jun 12, 2025 3:58 AM

June 12 (Reuters) - Chimera Investment Corp ( CIM/PA ):

* CHIMERA INVESTMENT CORPORATION ( CIM/PA ) ("CHIMERA")

ANNOUNCES

DEFINITIVE AGREEMENT TO ACQUIRE HOMEXPRESS MORTGAGE CORP.

* CHIMERA INVESTMENT CORP ( CIM/PA ) - ACQUISITION EXPECTED TO BE

ACCRETIVE

TO EARNINGS IN 2026

* CHIMERA INVESTMENT CORP ( CIM/PA ) - PURCHASE PRICE INCLUDES $120

MILLION

IN CASH AND 2,077,151 SHARES

* CHIMERA INVESTMENT CORP ( CIM/PA ) - KYLE WALKER TO CONTINUE AS

PRESIDENT

AND CEO OF HOMEXPRESS

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Oct 17, 2024
Oct 16 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 0930 GMT on Wednesday: ** Spanish bank BBVA raised the impact on its capital ratio to 38 basis points after it adjusted the hostile takeover offer for its smaller rival Sabadell, it said in a regulatory filing to the U.S. Securities and Exchange Commission on Tuesday....
Jumia Technologies to Exit South Africa, Tunisia by Year-End 2024
Jumia Technologies to Exit South Africa, Tunisia by Year-End 2024
Oct 17, 2024
05:37 AM EDT, 10/16/2024 (MT Newswires) -- Jumia Technologies ( JMIA ) said Wednesday it plans to close its operations in South Africa and Tunisia by year-end 2024 to focus its resources on its most promising markets. The move is anticipated to improve the company's overall operational efficiency. South Africa and Tunisia accounted for only 3.5% and 2.7%, respectively, of...
Chinese cyber agency recommends review of Intel products sold in China
Chinese cyber agency recommends review of Intel products sold in China
Oct 17, 2024
BEIJING, Oct 16 (Reuters) - Intel ( INTC ) products sold in China should be subject to a security review, the Cybersecurity Association of China said on Wednesday, alleging the U.S. chipmaker has constantly harmed the country's national security and interests. Last year the cyberspace regulator barred domestic operators of key infrastructure from buying products made by U.S. memory chipmaker...
DJT Stock Rebounds Nearly 3% In Wednesday Pre-Market, While This Trump-Related Stock Jumps 11%: Here's Why
DJT Stock Rebounds Nearly 3% In Wednesday Pre-Market, While This Trump-Related Stock Jumps 11%: Here's Why
Oct 17, 2024
After a turbulent trading session on Tuesday, Trump Media & Technology Group Corp ( DJT ) experienced an uptick in its stock price during pre-market trading on Wednesday. At the time of writing, DJT saw a 2.85% increase after experiencing a significant drop of nearly 10% on Tuesday’s closing price, as per Benzinga Pro. Meanwhile, mobile-advertising software company Phunware Inc....
Copyright 2023-2026 - www.financetom.com All Rights Reserved