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Solar Capital Ltd (NYSE:SLRA) has agreed to acquire Crystal Capital Financial Holdings LLC, a commercial finance company focused on providing asset-based and other secured financing solutions, for a likely investment of approximately $275 million. The acquisition is expected to be immediately accretive to net investment income. “We believe that this portfolio company investment offers a highly attractive and diversified senior secured risk-return profile for Solar Capital,” said Bruce Spohler, COO of Solar Capital.
Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) has filed form 8-K notifying that Howard Malovany, Chief Legal Offficer, Corporate General Counsel and Secretary, will step down from the service of the company effective March 31, 2013.
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