Tuesday, February 05, 2019
Eyebrows Raised
I wrote about the merger of three Medley/Sierra entities last summer, but it was one of several posts Blogger pulled citing a complaint. A sponsor (I suspect) complained about certain posts and included posts involving several sponsors in its complaint, and Blogger, per its policy, removed all the mentioned posts. Anyway, that was then and this is now. I read on the DI Wire this morning that NextPoint has submitted an alternative proposal to the Medley/Sierra proposal. I have not read the proposal in full, but NextPoint's plan to scrap a $125 million internalization fee to Medley caught my attention. I am curious as to how this drama plays out. I do encourage you to take a look at Medley Capital Corp's (MCC) five-year stock chart.
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3 comments:
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