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MVC Capital Announces Results of Its Tender Offer

MVC Capital, Inc (MVC)  More Company Research Source: GlobeNewswire
US:NYSE Investor Relations: mvccapital.com/inv_index.cfm
PDF PURCHASE, N.Y., Dec. 22, 2017 (GLOBE NEWSWIRE) -- MVC Capital, Inc. (NYSE:MVC) ("MVC" or the "Company") today announced the final results of its second modified "Dutch Auction" Tender Offer during calendar year 2017, which expired at 5:00 p.m., New York City time, on December 21, 2017 (the "Tender Offer"). Based on the final count by Computershare Trust Company, N.A., the depositary for the Tender Offer, a total of 2,371,852 shares of MVC's common stock were properly tendered and not properly withdrawn at or below a purchase price of $10.90 per share. In accordance with the terms and conditions of the Tender Offer and based on the final count by the depositary, MVC will accept for payment, at a purchase price of $10.90, 2,293,577 shares properly tendered at or below the purchase price and not properly withdrawn before the expiration date, at an aggregate cost of $24,999,989.30, excluding fees and expenses relating to the Tender Offer. MVC will accept the shares on a pro rata basis [Read more]

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