Brief: HC2 addresses statements made by MCG Capital Corp and further revises offer

Pennantpark Floating Rate Capital

02/06/2015 22:02

June 2 (Reuters) - HC2 Holdings Inc  HCHC.A : 
 * Says sent a letter to MCG Capital Corp 
 * Proposal offering your (mcgc) stockholders $5.25 per share is, in our view, 
   plainly superior to pflt's $4.75 per share" 
 * Will reimburse MCG in the amount of $7 million" if MCG Capital accepts hc2's 
   superior proposal 
 
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