Ares to buy American Capital in $3.4b deal
American Capital, which has a presence in Asia through its energy and infrastructure investment business, will be acquired by Ares Capital Corporation (ACC) in a deal worth $3.43 billion.
Shareholders in NASDAQ-listed American Capital will receive $1.47 billion in cash and $1.68 billion in stock from ACC. Ares shareholders will own around 73.9% of the combined entity, with American Capital...
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