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FirstCity Financial (FCFC) to Be Acquired by Värde
FCFC, FirstCity Financial Corporation
** FCFC and Värde Partners, Inc. reported that they have entered into a definitive merger agreement under which certain funds managed by Värde will acquire FCFC . Under the terms of the merger agreement, FCFC stockholders will receive $10.00 per share in cash for each share of FirstCity stock they own. The transaction is valued at $224.9 million, including debt.
FCFC is a diversified financial services company with operations dedicated primarily to distressed asset acquisitions and special situations investments.
More about FCFC at www.fcfc.com
***********
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http://bestotc.com/20612/stock-alerts/firstcity-financial-fcfc-to-be-acquired-by-varde-partners-for-1000-per-share-in-cash-in-225m-transaction/
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Inviato da: LouisVuittonLouis
il 21/07/2012 alle 03:54