Harwood Feffer LLP Announces Investigation of Apollo Residential Mortgage, Inc.
Feb 26, 2016
NEW YORK, Feb. 26, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Apollo Residential Mortgage, Inc. ("Apollo Residential" or the "Company") (NYSE: AMTG) concerning the proposed acquisition of the Company by Apollo Commercial Real Estate Finance, Inc. ("Apollo Commercial").
Under the terms of the offer, Apollo Commercial would acquire Apollo Residential in a transaction valued at approximately $641 million. Pursuant to the deal, Apollo Residential stockholders would receive 0.417 Apollo Commercial shares of common stock per Apollo Residential share of common stock and approximately $7.53 per share in cash.
Our investigation concerns whether the Apollo Residential board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Apollo Residential shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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