Gladstone Investment Acquires Majority Stake In McFarlane Toys; Financial Terms Not Disclosed
Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment" or "Gladstone") is pleased to announce its majority acquisition of McFarlane Toys. Gladstone provided debt and equity financing to
Gladstone Investment bought most of McFarlane Toys and gave them money to grow. When companies buy other businesses, it shows they think those businesses can make money.
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