With CreXus in the bag, is Annaly still hunting for more companies?
Annaly Capital Management (NLY 0.21%) is the biggest player in the mREIT industry, but it is not done growing. The mREIT announced the final results of its tender offer for CreXus (NYSE: CXS), and the deal appears to be heading for a closing date in late May.
Annaly is widely seen as a conservative firm, but should management continue to hunt for more buyout targets? In this video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss the future makeup of the Annaly family.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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