May 2, 2018 / 10:57 PM / 20 days ago

BRIEF-Agnc Investment Announces Amendment To Mtge Management Agreement In Connection With Proposed Acquisition Of latter

May 2 (Reuters) - AGNC Investment Corp:

* ANNOUNCES AMENDMENT TO MTGE MANAGEMENT AGREEMENT IN CONNECTION WITH PROPOSED ACQUISITION OF MTGE INVESTMENT CORP. BY ANNALY CAPITAL MANAGEMENT, INC.

* TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND IS EXPECTED TO CLOSE IN Q3 OF 2018

* AGNC INVESTMENT- ADDITION TO REGULAR MONTHLY MANAGEMENT FEES PAYABLE FOR ONGOING SERVICE, MTGE MANAGEMENT WILL BE PAID TERMINATION FEE OF $41.7 MILLION Source text for Eikon: Further company coverage:

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