Safeguard Scientifics Announces First Quarter 2011 Financial Results
Safeguard Scientifics (NYSE: SFE) today announced its results of operations for the first quarter of 2011. In addition, Safeguard announced that it has reached an agreement in principle to expand its capital deployment capabilities through a strategic partnership with a private company which provides subordinated debt and structured equity financing. Safeguard will own a significant equity stake in the operating/management enterprise and will commit $30 million of capital to the initiative.
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