Columbus Nova, Renova to Invest $65M in Ameritrans Capital (AMTC)

April 13, 2011 8:51 AM EDT
Ameritrans Capital (Nasdaq: AMTC) announces an affiliate of Columbus Nova, LLC, Renova US Holdings, Ltd. will purchase a majority stake in Ameritrans Capital Corp. as part of a $65 million equity investment plan.

The company said Renova will own about 80.3% of the adj-common equity.


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