Tag: Sierra Income Corporation
Sierra Income Corporation Completes Merger with Publicly Traded BDC
Sierra Income Corporation, formerly a non-traded business development company, has completed its merger into Barings BDC Inc. (NYSE: BBDC), a publicly traded business development...
Sierra Income Corporation Suspends Distribution Reinvestment Plan
Sierra Income Corporation, a non-traded business development company, has suspended its distribution reinvestment plan in connection with the proposed merger with Barings BDC Inc....
Sierra Income Corporation to Merge with Publicly Traded BDC
Sierra Income Corporation, a non-traded business development company, has entered into an agreement to merge into Barings BDC Inc. (NYSE: BBDC) to create a...
Sierra Income Corporation Suspends Share Repurchases in Light of Strategic Review...
Sierra Income Corporation, a non-traded business development company, has suspended share repurchases following the previously announced review process to evaluate strategic alternatives for the...
Sierra Income Corporation to Explore Strategic Alternatives Following Resignations
The board of Sierra Income Corporation, a non-traded business development company, has started a formal review process to evaluate strategic alternatives for the company.
Strategic...
Taube Brother Resigns from Sierra Income Board, SEC Files Wells Notices...
Sierra Income Corporation, a non-traded business development company, reported to the Securities and Exchange Commission on Friday that Brook Taube resigned as a Class...
Sierra Income Corporation Names New CEO
The board of Sierra Income Corporation, a non-traded business development company, has appointed Dean Crowe, the company's president, as chief executive officer to replace...
Sierra Income Corporation Reinstates Monthly Distributions
Sierra Income Corporation, a non-traded business development company, has reinstated and declared a series of monthly distributions for October, November and December 2020 of...
Sierra Income Corporation Provides Update on Monthly Distribution Suspension
The board of Sierra Income Corporation, a non-traded business development company, has provided an update on the company’s investor distribution policy, electing to extend...
Sierra Income Corporation Terminates Mergers with Two Affiliated Companies
The board of Sierra Income Corporation, a non-traded business development company, has terminated its previously announced mergers with Medley Capital Corporation (NYSE: MCC), a...
Sierra Income Corporation Suspends Distributions
The board of Sierra Income Corporation, a non-traded business development company, has suspended monthly distributions, indicating that the suspension is temporary and would enhance...
Sierra/Medley Amend Merger Agreements after Merger Vote Halted by Chancery Court
Sierra Income Corporation, a non-traded business development company, Medley Capital Corporation (NYSE: MCC), a publicly traded BDC, and Medley Management Inc. (NYSE: MDLY), an...
Medley Claims Preliminary Voting Results Point to Re-Election of Incumbent Directors,...
Medley Capital Corporation (NYSE: MCC), a publicly traded business development company, claim that according to the preliminary vote count provided by Alliance Advisors, the...
Medley Issues Statement on NexPoint’s Board Nominees Ahead of Tuesday Shareholder...
Medley Capital Corporation (NYSE: MCC), a publicly traded business development company, has responded to a move by NexPoint Advisors LP to elect two independent...
Proxy Advisory Firms Weigh in on Medley/NexPoint Battle
Institutional Shareholder Services (ISS) and Glass Lewis, two independent proxy advisory firms, both issued reports recommending that stockholders of Medley Capital Corporation (NYSE: MCC)...
NexPoint Nominates Two Directors to Medley Board Amid Merger Drama
NexPoint Advisors L.P and other NexPoint Group affiliates, have filed preliminary proxy materials with the SEC to nominate two independent director candidates to the...
Medley and FrontFour Reach Settlement Terms on Proposed Merger, Postpone Shareholder...
Medley Capital Corporation (NYSE: MCC), a publicly traded business development company, and one of its significant investors, FrontFour Capital Group LLC, have agreed to...
Medley SBIC Subsidiary Receives Letter from U.S. Small Business Administration Alleging...
Medley SBIC LP, a small business investment company owned by publicly-traded business development company Medley Capital Corporation (NYSE: MCC), disclosed to the SEC that...
Medley/Sierra Reschedule Merger Vote for Third Time
Medley Capital Corporation (NYSE: MCC), a publicly traded business development company, Sierra Income Corporation, a non-traded BDC, and Medley Management Inc. (NYSE: MDLY), have...
Delaware Chancery Court Halts Medley/Sierra Merger Vote
The Delaware Court of Chancery has halted a vote on the proposed Medley/Sierra merger until investors are provided with corrective disclosures on the deal.
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