Franklin BSP Realty Trust, Inc. and Capstead Mortgage Corporation Announce Final Exchange Ratio for Proposed Merger
NEW YORK DALLAS--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (f|k|a Benefit Street Partners Realty Trust, Inc.) (FBRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced the final exchange ratio and cash consideration for the previously announced proposed merger between FBRT and Capstead. Summary If the proposed merger is completed prior to market open on October 19, 2021, as is c
Franklin BSP Realty Trust, Inc. and Capstead Mortgage Corporation Announce Final Exchange Ratio for Proposed Merger
NEW YORK DALLAS--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (f|k|a Benefit Street Partners Realty Trust, Inc.) (FBRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced the final exchange ratio and cash consideration for the previously announced proposed merger between FBRT and Capstead. Summary If the proposed merger is completed prior to market open on October 19, 2021, as is c