TCAP CEO: ‘Strategic alternatives’ talk continues

Nearly four months after CEO Ashton Poole told analysts that Triangle Capital Corporation (NYSE: TCAP) would be exploring “strategic alternatives" and possibly a sale, no deal has been made.

The company disclosed its latest earnings report Wednesday.

“Our Board continues its exploration of strategic alternatives, and we look forward to communicating the results once the process has been completed,” he said in a statement.

Poole said the firm, which made 29 new investments in 2017, continues…

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