Specialty financial services company FirstCity Financial Corp said it would be acquired by investment firm Varde Partners Inc for about $106 million in cash. Varde will pay $10 per share - a 21 percent premium to FirstCity's Thursday's close of $8.30.
FirstCity Financial Corporation (FirstCity ) is a multi-national specialty financial services company. Shares of FCFC remained unchanged at $8.30. In the past year, the shares have traded as low as $7.00 and as high as $10.83. On average, 5866 shares of FCFC exchange hands on a given day and today's volume is recorded at 0.
Source
