Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of MCG Capital Corporation Stockholders
29 Abril 2015 - 4:30PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of MCG Capital Corporation (“MCG Capital” or
the “Company”) (NASDAQ:MCGC) concerning the proposed acquisition of
the Company by PennantPark Floating Rate Capital Ltd.
(“PennantPark”). Under the terms of the definitive agreement, MCG
Capital stockholders will receive $4.52 in PennantPark shares and
$0.226 per share in cash for each share of MCG Capital common stock
they own.
The investigation concerns whether the MCG Capital Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values the Company’s common stock.
If you are a MCG Capital stockholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq.
by email at bwalker@kmllp.com, or telephone at (212) 699-1145,
Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or
telephone at (212) 699-1141, or toll free at (888) 529-4787, or by
filling out this contact form. There is no cost or obligation to
you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.,
212-699-1145bwalker@kmllp.com,orMelissa Fortunato, Esq.,
212-699-1141mfortunato@kmllp.com
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