Apollo Commercial Real Estate Finance to Liquidate Assets and Dissolve
Apollo Commercial Real Estate Finance (ARI) has announced plans to liquidate its assets and dissolve the company. This decision follows a strategic review and the sale of its loan portfolio, which reportedly reached a value of $9 billion. As part of the wind-down process, the company's Board of Directors has declared a dividend of $3.75 per share of common stock. The move aims to return capital to investors as the firm concludes its business operations.
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Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend and Provides Update on Review of Strategic Alternatives
Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $3.75 per share of common stock, which is payable on July ...
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