RESIDENTS OF NEW ORLEANS – (BUSINESS WIRING) – Former Louisiana Attorney General Charles Foti, Jr., Esq. and law firm Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Capstead Mortgage Corporation (NYSE: CMO) to Benefit Street Partners Realty Trust, Inc. Under the terms of the proposed transaction, Capstead shareholders will receive a cash payment equal to 15.75% of the premium on Capstead’s diluted book value per share and Benefit Street common stock calculated on an adjusted book basis. The carrying amount of Capstead and Benefit Street used to calculate the cash reward and conversion ratio will be set as of the date prior to the close of the trade. KSF tries to determine if this remuneration and the process that led to it is adequate, or if the remuneration of the Company is underestimated.
If you believe that this transaction underestimates the Company and / or if you wish to discuss your legal rights in relation to the proposed sale, you may, without obligation or expense on your part, send an email or call KSF Managing Partner Lewis S. Kahn (email@example.com) free of charge anytime by calling 855-768-1857 or visit https://www.ksfcounsel.com/cases/nyse-cmo/ To learn more.
To learn more about KSF, which partners with the former Louisiana attorney general, visit www.ksfcounsel.com…