MicroFinancial Incorporated Enters Into Agreement to be Acquired by Funds Managed by Fortress Investment Group
BURLINGTON, Mass., Dec. 15, 2014 -- MicroFinancial Incorporated (MFI) ("MicroFinancial" or the "Company") has entered into a definitive agreement with MF Parent LP ("Parent") and MF Merger Sub Corp. ("Purchaser"), each an affiliate of funds managed by affiliates of Fortress Investment Group LLC (FIG), whereby Parent will acquire all of the outstanding shares of the Company for $10.20 per share in cash pursuant to an Agreement and Plan of Merger dated December 13, 2014 (the "Merger Agreement").
- Published: 15 December 2014
- Written by Editor