The tussle over MCG Capital’s cash : Never say die !

Phil Falcone's HCH Holdings (HCHC) has sweetened its revised $5.30 a share offer for MCG Capital (MCGC). We review and evaluate the economics of the sweeteners, and speculate on how this struggle for cash-heavy MCGC will turn out. We discuss the upside and the downside of investing in MCGC at this late date.

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