Investors Bag ARCC Even Cheaper Than Its Secondary Stock Offering
July 30, 2014 at 13:22 PM EDT
Looking back to 14 days ago, Ares Capital Corporation (ARCC) priced a 13,500,000 share secondary stock offering at $16.99 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..