ALCENTRA CAPITAL CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger
WILMINGTON, DE / ACCESSWIRE / August 14, 2019 / Rigrodsky & Long, P.A.:
Do you own shares of Alcentra Capital Corporation (NASDAQ GS:ABDC)?
Did you purchase any of your shares prior to August 13, 2019?
Do you think the proposed merger is fair?
Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Alcentra Capital Corporation (“Alcentra” or the “Company”) (NASDAQ GS:ABDC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Crescent Capital BDC, Inc. (“Crescent BDC”) in a transaction valued at approximately $141.9 million. Under the terms of the agreement, shareholders of Alcentra will receive $19.3 million in cash, or $1.50 per share, from Crescent BDC, 5.2 million shares of Crescent BDC common stock, and $21.6 million in cash, or $1.68 per share, from CBDC Advisors, LLC, Crescent BDC’s investment advisor.
If you own common stock of Alcentra and purchased any shares before August 13, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Rigrodsky & Long, P.A.
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