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Article: MVC Capital Files 8-K and Issues Unaudited Year-End Net Asset Value.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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MVC Capital, Inc. (NYSE: MVC) (the "Fund"), a publicly traded business development company that makes private debt and equity investments, today filed an 8-K and issued its unaudited net asset value for the year ended October 31, 2009.
As part of its regular quarter-end review, the Fund's Valuation Committee made determinations, consistent with the Fund's valuation procedures and FAS 157, regarding the fair values of the Fund's investments, resulting in an aggregate net increase of approximately $32.3 million or $1.33 per share, effective October 31, 2009. The fair values of the following portfolio companies were adjusted: Amersham Corporation, Custom Alloy ...