Brief: MCG Capital acknowledges receipt of an unsolicited letter from HC2 Holdings

Pennantpark Floating Rate Capital

19/05/2015 21:13

May 19 (Reuters) - MCG Capital Corp  MCGC.O : 
 * Responds to revised unsolicited proposal from HC2 Holdings 
 * Says acknowledges receipt of an unsolicited letter dated today, may 19, 2015, 
   from HC2 Holdings Inc 
 * Says mcgc will have no further comment on HC2 holdings' revised proposal 
   until the board has completed its review 
 * Says mcgc's board of directors has not changed its recommendation in support 
   of the merger with pflt 
 * Board of directors has not changed its recommendation in support of the 
   merger with pflt 
 * Board will review the terms of the revised proposal submitted by HC2 Holdings 
 
 * Source text for Eikon  ID:nGNXLOBYYa  
 
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