Kirby McInerney LLP is investigating potential claims against the Board of Directors of MCG Capital Corporation (“MCG Capital” or the “Company”) (NASDAQ:MCGC) concerning the proposed acquisition of the Company by PennantPark Floating Rate Capital Ltd. (“PennantPark”). Under the terms of the definitive agreement, MCG Capital stockholders will receive $4.52 in PennantPark shares and $0.226 per share in cash for each share of MCG Capital common stock they own.

The investigation concerns whether the MCG Capital Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are a MCG Capital stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.