Robbins Arroyo LLP: Acquisition of American Capital, Ltd. (ACAS) by Ares Capital Corporation (ARCC) May Not Be in Shareholders' Best Interests

SAN DIEGO & BETHESDA, Md.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of American Capital, Ltd. (NASDAQ: ACAS) by Ares Capital Corp. (NASDAQ: ARCC). On May 23, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Ares Capital will acquire American Capital. Under the terms of the agreement, American Capital shareholders will receive $8.86 in cash and 0.483 shares of Ares Capital for each share of American Capital they own, the value of which is equivalent to $17.40 per share of American Capital.