Brief: MCG Capital responds to revised unsolicited proposal from HC2 holdings

Pennantpark Floating Rate Capital

08/06/2015 13:35

June 8 (Reuters) - MCG Capital Corp  MCGC.O : 
 * Responds to revised unsolicited proposal from hc2 holdings and reaffirms 
   recommendation in favor of merger with PennantPark Floating Rate Capital 
 * Do not believe hc2's statements "realistically address legal and regulatory 
   issues" inherent in transaction between MCG and hc2 
 
 * Source text for Eikon  ID:nGNXLQDJAa  
 
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