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Investment Companies & Venture Capital M&A image Investment Companies & Venture Capital M&A » By The Online Investor Staff, updated Thu., Apr. 18, 10:15 AM Recent mergers and acquisitions in the Investment Companies & Venture Capital M&A category.

Slide #10. Tortoise Energy Infrastructure Corp. (NYSE:TYG), Tortoise Energy Capital Corp. (NYSE:TYY) Tortoise North American Energy Corp.

Acquirer: Tortoise Energy Infrastructure Corp. (NYSE:TYG), Tortoise Energy Capital Corp. (NYSE:TYY) (TYG)
Acquiree: Tortoise North American Energy Corp. (TYN)
Details: Tortoise Capital Advisors today announced the Board of Directors of Tortoise's closed-end funds approved a proposal to merge three of Tortoise's MLP closed-end funds: Tortoise Energy Infrastructure Corp. (NYSE:TYG), Tortoise Energy Capital Corp. (NYSE:TYY) and Tortoise North American Energy Corp. (NYSE:TYN). Subject to stockholder approval, TYY and TYN common stockholders will be issued TYG common stock and TYG would acquire substantially all of the assets and liabilities of TYY and TYN.

Tortoise Energy Infrastructure is a closed-end management investment company. The Fund's investment objective is to seek high total return with an emphasis on current distributions.

Preferreds: TYG.PRC, TYG.PRB



Open the TYG Page at The Online Investor »

Tortoise Energy Infrastructure is a closed-end management investment company. The Fund's investment objective is to seek high total return with an emphasis on current distributions.

Preferreds: TYG.PRC, TYG.PRB



Open the TYN Page at The Online Investor »

Company Name:  Tortoise Energy Infrastructure Corp
Website:  www.tortoiseecofin.com
Sector:  Investment Companies & Venture Capital
Company Name:  Tortoise North American Energy Corp
Website:  www.tortoiseadvisors.com
Sector:  Investment Companies & Venture Capital
 

April 18, 2024    10:15 AM Eastern
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