Prospect Capital (PSEC), which invests in private and microcap public companies, agrees to...

|About: Prospect Capital Corporation (PSEC)|By:, SA News Editor

Prospect Capital (PSEC), which invests in private and microcap public companies, agrees to acquire 80.1% of specialty finance company First Tower Corp. in a $266M cash and stock deal. PSEC +0.6% premarket.