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

Pennantpark Floating Rate Capital

16/06/2015 13:39

June 16 (Reuters) - MCG Capital Corp  MCGC.O : 
 * Responds to revised unsolicited proposal from HC2 Holdings 
 * Board of directors has not changed its recommendation in support of the 
   merger with pflt 
 * Says acknowledges receipt of an unsolicited letter dated June 15, 2015, from 
   HC2 Holdings Inc 
 * Board, in consultation with financial and legal advisers, will review the 
   terms of revised proposal submitted by HC2 Holdings 
 
 * Source text for Eikon  ID:nGNXLQTEBa  
 
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