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Medley Capital: Board Rejects NexPoint Proposal

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Medley Capital and Sierra Income have rejected NexPoint Capital’s offer to serve as their Investment Advisor, along with several other proffered benefits. The sometime-in-March shareholder vote on the three way Medley merger now looms larger than ever.

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Medley Capital: Response To NexPoint Advisors

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Hours after NexPoint offered to become Medley Capital and Sierra Income external manager comes a response…The plot thickens and the possible outcomes ever more complex and with major implications for managers and shareholders at three companies.

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