American Capital Ltd (ACAS) Tops Q3 EPS by 7c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Burry doubles down on Nebius short after stock surges 34% on earnings
- Total darkness, then sunset as full eclipse wows spectators in Spain
American Capital Ltd (ACAS) to Split Into Three Separate Companies
November 5, 2014 4:39 PM ESTAmerican Capital Ltd (NASDAQ: ACAS) announced today that its Board of Directors has unanimously approved a plan to split the Company's businesses by transferring most of the Corporation's investment assets to two newly established business development companies ("BDCs") and having American Capital continue primarily in the asset management business. It is contemplated that American Capital will spin off the new BDCs to its shareholders, resulting in three, publicly-traded companies.
The two new BDCs are anticipated to qualify and elect to be taxed as regulated investment companies with the objective of paying... More
