M&A
confidence high
sentiment positive
materiality 0.80
GBDC stockholders approve merger with GBDC 3; expected close June 2024
GOLUB CAPITAL BDC, Inc.
- 98% of GBDC stockholders voted in favor of the merger proposal at May 29 special meeting.
- GBDC 3 stockholders also approved, with over 98% voting in favor.
- Merger expected to close in June 2024, subject to customary closing conditions.
- GBDC CEO David Golub cites merger as beneficial for both sets of stockholders.