09:41 AM EST - Tricon Capital Group Inc. : Has completed its previously announced acquisition of Silver Bay Realty Trust Corp. The transaction values Silver Bay at an enterprise value of approximately $1.4 billion (before transaction costs), consisting of an equity purchase price of approximately $820 million ($21.50 per share) and approximately $600 million of existing debt (net of cash on hand), which was concurrently refinanced. Tricon Capital Group Inc.
shares T.TCN are trading unchanged at $10.65.
