SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Alcentra Capital Corporation to Crescent Capital BDC, Inc. is Fair to Shareholders

NEW YORK, Aug. 14, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Alcentra Capital Corporation ("Alcentra" or the "Company") ABDC stock prior to August 13, 2019.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Alcentra to Crescent Capital BDC, Inc. ("Crescent BDC"). Under the terms of the deal, shareholders will receive a total of $3.1784 in cash and 0.4041 shares of Crescent BDC common stock for each share of Alcentra they hold. To learn more about the action and your rights, go to:

https://www.zlk.com/mna/alcentra-capital-corporation

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Alcentra merger investigation concerns whether the Board of Alcentra breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Crescent BDC is underpaying for Alcentra shares, thus unlawfully harming Alcentra shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

250x148_zlk.jpg

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!