[May 24, 2016]

SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of American Capital Ltd. and Encourages Investors to Contact the Firm for Additional Information

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" or the "Company") relating to the proposed buyout of American Capital by Ares Capital Corp. ("Ares")

Under the terms of the agreement, American Capital shareholders are anticipated to receive $8.86 in cash and 0.483 shares of Ares per American Capital share owned, worth approximately $17.40. The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company's shares of common stock, especially given that, according to Yahoo! Finance, at least one Wall Street analyst has issued a price target for American Capital stock at $18.00 per share.

If you currently own common stock of American Capital and believe that the proposed buyout price is too low, or you would like to learn more about the investigation being conducted by Brower Piven, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160524006703/en/

[ Back To TMCnet.com's Homepage ]