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Ares Capital is Making a $2.6 Billion Acquisition. Here's What it Means for its 10%-Yielding Dividend.

Source: fool.com

M&A & RestructuringCompany FundamentalsCredit & Bond Markets
Ares Capital is Making a $2.6 Billion Acquisition. Here's What it Means for its 10%-Yielding Dividend.

Ares Capital agreed to acquire MidCap Financial in a $2.6 billion cash-and-stock transaction. Ares said the deal will increase scale, diversify its portfolio and boost core earnings per share.

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