Starwood Property Announces Unconditional Offer to Acquire CreXus (CXS) for $14 a Share
March 28, 2011 at 12:45 PM EDT
Starwood Property (STWD) announced that it has made an unconditional offer to acquire all of the outstanding shares of common stock of CreXus Investment Corp. (CXS) for $14.00 per share. The proposal was formally made today in a letter to the CreXus Board of Directors. Terms of the proposed transaction call for Starwood Property Trust [...]
