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Company Statement: Walter Investment Management Corp. announces definitive agreement to purchase Green Tree Credit Solutions

( March 28, 2011, 18:00 GMT | Official Statement) -- MLex Summary: Walter Investment Management has proposed a 1.065 billion dollar takeover of Green Tree Credit Solutions to increase its presence in the specialty mortgage services sector. The companies expect the deal to close early in the third quarter. Walter Investment will no longer qualify as a REIT upon consummation. Full press release follows:...

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