FBR Capital (FBRC) to Tender up to 4M Shares, or 8% of Shares Outstanding

FBR Capital Markets Corporation (NASDAQ: FBRC) announced the commencement of a modified "Dutch auction" tender offer to purchase up to four million shares, or about 8%, of its outstanding common stock, at a price of not less than $3.00 and not more than $3.25 per share. The tender offer will expire at 12:00 midnight, New York City time, on December 3, 2012, unless extended.

(shares are currently halted)

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