only 7.5% of the shareholders tendered their shares as of the 1st deadline. Yeah - sounds like we all think it's a GREAT offer from NLY. Not. So we will continue to collect HTS dividends, thank you very much. Much to your displeasure, as an HTS short who can't believe what has happened to his measly portfolio. And Yes - you will be paying at least one more dividend after the one announced for 7/8/16. Poor garp_shortie.