BlackRock TCP Capital, BlackRock Capital Investment enter merger agreement

BlackRock TCP Capital (TCPC) and BlackRock Capital Investment (BKCC) announced that they have entered into a definitive agreement pursuant to which BCIC will merge with and into a wholly owned, indirect subsidiary of TCPC, subject to shareholder approval and customary closing conditions. Following the merger, TCPC will continue to trade on the Nasdaq Global Select Market under the ticker symbol “TCPC” and the surviving entity will continue as a subsidiary of TCPC.