Apollo Residential Mortgage Inc (NYSE:AMTG) Investor Investigation Over Possible Wrongdoing In Acquisition Announced

If you purchased shares of Apollo Residential Mortgage Inc (NYSE:AMTG) and currently hold any of those NYSE:AMTG shares, you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Apollo Residential Mortgage
Affected Securities: 
NYSE: AMTG

March 7, 2016 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Apollo Residential Mortgage Inc (NYSE:AMTG), was announced concerning whether the takeover of Apollo Residential Mortgage Inc by Apollo Commercial Real Estate Finance, Inc for a value of approximately $14.59 per share is unfair to NYSE:AMTG stockholders.

The investigation by a law firm concerns whether certain officers and directors of Apollo Residential Mortgage Inc breached their fiduciary duties owed to NYSE:AMTG investors in connection with the proposed acquisition.

On February 26, 2016, Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) and Apollo Residential Mortgage Inc (NYSE:AMTG) announced the signing of a definitive merger agreement under which Apollo Commercial Real Estate Finance, Inc will acquire Apollo Residential Mortgage Inc (NYSE:AMTG) for consideration to be paid in cash and shares of Apollo Commercial Real Estate Finance, Inc common stock, which would value Apollo Residential Mortgage Inc (NYSE:AMTG) at approximately $14.59 per share.

However, given that at least one analyst has set the high target price for NYSE:AMTG shares at $17.25 per share, the investigation concerns whether the offer is unfair to NYSE:AMTG stockholders. More specifically, the investigation concerns whether the Apollo Residential Mortgage Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.