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Massive REIT Annaly Capital set to get even larger

Apr 11, 2016By

In a move that creates a massive mortgage real estate investment trust, Annaly Capital Management announced Monday that it plans to acquire Hatteras Financial Corp. for $1.5 billion. According to a release from Annaly, the deal will make the company the “largest, most liquid and diversified mortgage REIT in the world.”

3d rendering of a row of luxury townhouses along a street

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