Additionally, company founder Peter Vosotas resigned from the chairman's role late last month, and he's been replaced by CEO Ralph Finkenbrink, with Nicholas ( NICK ) saying the resignation was for personal reasons and not over any disagreement with company policy. Nicholas last month pulled the ...
Prospect's favor. Earlier this month (June 13), Prospect suffered a minor setback when its proposal to buy out Nicholas Financial ( NICK ) failed . However, this event was Complete Story »
favor of Prospect. Late on Thursday, June 12, Prospect faced the unpleasant news that its proposal to buy out Nicholas Financial ( NICK ) had failed . Nevertheless, this news barely moved the stock as it seems as if the market was pricing in
Prospect Capital now has another problem on its plate, namely that its proposal to buy out Nicholas Financial ( NICK ) has been terminated. Nicholas Financial nixes deal with Prospect Capital On June 12, NICK provided an update regarding its proposed
the sale of the company to Prospect Capital ( PSEC +0.7% ) not met ahead of the June 12 termination deadline, Nicholas Financial ( NICK -6% ) pulls the plug on the deal. Prosepct had previously said it didn't expect to close on the transaction
recession and has the most conservative balance sheet in its industry (D/E of 0.87, whereas competitors like Nicholas Financial ( NICK ) and Marlin Business Services ( MRLN ) are at 1.12 and 1.24 respectively). Substantially all of MFI