Kohlberg Capital Corporation Announces Acquisition of Trimaran Advisors
Kohlberg Capital Corporation (Nasdaq: KCAP) has completed the acquisition of Trimaran Advisors, L.L.C., along with equity interests in certain collateralized loan obligation ("CLO") funds managed by Trimaran Advisors. The purchase price consisted of approximately $25 million in cash and 3,600,000 shares of Kohlberg Capital common stock.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.