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Stock impact report

Cherry Hill Mortgage Investment Corporation Announces Exploration of Strategic Alternatives

Cherry Hill Mortgage Investment Corporation (CHMI) 
Last cherry hill mortgage investment corporation earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.chmireit.com
Company Research Source: Business Wire
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (the “Company”) today announced that its Board of Directors (the “Board”) has established a special committee of the Board (the “Special Committee”) to explore strategic alternatives to maximize stockholder value.The Special Committee is comprised solely of independent and disinterested directors and intends to consider the full range of strategic alternatives, including, but not limited to, a business combination involving the Company, a sale of all or part of the Company’s assets or an internalization of the management of the Company. Guggenheim Securities, LLC is serving as the financial advisor to the Special Committee.There can be no assurance that the exploration of strategic alternatives will result in any transaction or other strategic outcome. There is no formal timetable for the Special Committee’s completion of its exploration of strategic alternatives and the Company does not i Show less Read more
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