Prospect Capital Files to Launch 3 Spin-offs

Prospect Capital (PSEC), a business development company, has filed to spin off three of its businesses into separate publicly-traded companies. It is in the middle of the regulatory process now, but hopes to complete all three in 2015 says Grier Eliasek, Prospect’s president. Eliasek hopes the spin-offs, which will become pure-plays in their respective sectors, […]

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