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Ares Capital Agrees to Buy MidCap Financial in $2.6 Billion Deal
The cash-and-stock agreement is valued at about $2.6 billion in total enterprise value.

Ares Capital (ARCC) agreed Tuesday, Oct. 27, to acquire MidCap Financial Investment (MFICL) in a cash-and-stock transaction valued at about $2.6 billion in total enterprise value.