Second In A Series: TPG Specialty’s Bid for TICC: Close, but no cigar.

The BDC Reporter offers up an in-depth review of TPG Specialty Lending's (TSLX) offer to acquire TICC Capital's (TICC) stock. We've previously looked at the proposal by Benefit Street Partners to become TICC's External Manager. TSLX just wants to buy TICC outright. We review the would-be buyer's key arguments with a jaundiced eye.

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