PURCHASE, N.Y., April 3, 2013 (GLOBE NEWSWIRE) -- MVC Capital, Inc. (NYSE:MVC) (the "Company"), a publicly traded business development company that makes private debt and equity investments, announced today that with the gross proceeds received from the sale of Summit Research Labs, Inc., and with the Company's debt retirement, MVC's board of directors has authorized an expanded share repurchase program to opportunistically buy back shares in the market in an effort to narrow the discount. The previously authorized $5 million limit has been eliminated.
MVC Capital Expands Share Repurchase Program From $5 Million
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