NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (“Chimera”) today announced that it has entered into a definitive agreement to acquire Palisades Group (“Palisades”), a U.S.-based ...
Chimera has consistently experienced substantial capital destruction, losing over 90% of its value since 2009 despite various market conditions. The allure of the company's high dividend yield, ...