Ares Capital confirms $2.6B acquisition of MidCap Financial from Apollo

Ares Capital confirmed it will acquire MidCap Financial from Apollo for $10.88 per share — about $1.21 in cash and $9.67 in ARCC stock — at an enterprise value of roughly $2.6 billion, in a merger of the two business-development companies.

Detected & updated continuously · Source: Nebula