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Ares Capital is Making a $2.6 Billion Acquisition. Here’s What it Means for its 10%-Yielding Dividend.

business$ARCC

Ares Capital (ARCC -0.19%) has agreed to acquire MidCap Financial (MFIC +23.27%) in a cash-and-stock deal valuing the fellow business development company (BDC) at $2.6 billion, including debt. The deal will...

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