MicroFinancial announced it will be acquired by affiliates of Fortress Investment Group in a deal valued at $147 million. The offer of $10.20 per share represents a 23% premium over the leasing company’s closing price of $8.30 a share on Friday. read more

DEC 16, 2014 - 7:45 am

MicroFinancial reported Q3/14 net income was $2.9 million, up from $2.6 million a year earlier. Orginations increased by 25.8% to $29.7 million, up from $23.6 million in Q3/13. read more

OCT 16, 2014 - 7:12 am