MVC raises $81.3 million in stock offering
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- February
- 23
MVC Capital Inc., a Purchase-based company that invests in small businesses, announced that it has priced a public stock offering of 5 million shares at $16.25 per share. MVC, whose shares are already publicly traded on the New York Stock Exchange, said that the offering raised nearly $81.3 million. The company added that it expects to use the net proceeds of the offering to fund additional investments and for general corporate purposes, including repayment of debt.
This entry was posted
on Friday, February 23rd, 2007 at 7:27 pm by Jay Loomis.
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