Ares Capital Corporation to Acquire American Capital Ltd. for $3.4 Billion

May 23, 2016 1:32 PM

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Ares Capital Corporation to Acquire American Capital Ltd. for $3.4 Billion

The two companies announced that they have agreed to a merger deal; moreover, American Capital has decided to sell a core business segment to American Capital Agency Corp.

Ares Capital Corporation (NASDAQ:ARCC) and American Capital have announced a merger, wherein the former will acquire the latter, excluding American Capital Mortgage Management, LLC. This will help enhance the acquirer’s position as the leading business development company in the US, and a leading di...

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