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Thursday, December 29, 2011

Blackhawk Capital Group BDC, Inc. Announces Letter of Intent With Private Equity Group To Invest $153.9 Million in Assets Into Blackhawk

NEW YORK, Dec. 29, 2011 /PRNewswire/ -- On December 29, 2011, Blackhawk Capital Group BDC, Inc. (OTCBB: BHCG) has reached a non-binding letter of intent with a private equity group to invest into Blackhawk $153.9 million of assets qualifying under Section 55 (a) (1) through (6) under the Investment Company Act of 1940, as amended (the "Investment Company Act").  The transaction is subject to the execution of a definitive agreement for the transaction. There can be no assurance that (a) the p...continued
    

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