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BlackRock Capital Investment (BKCC) has issued an update.
On March 7, 2024, Blackrock Capital Investment Corporation (BCIC) successfully held a Special Meeting of Stockholders, where stockholders overwhelmingly approved the Amended and Restated Agreement and Plan of Merger with BlackRock TCP Capital Corp. (TCPC) and associated entities, setting the stage for a strategic merger. This move, detailed in filings with the SEC and communicated via a joint press release, is expected to bring about synergies and financial benefits as outlined in forward-looking statements, although these are subject to various risks and uncertainties associated with mergers and market conditions.
For an in-depth examination of BKCC stock, go to TipRanks’ Stock Analysis page.