Capital Southwest To Spin Off Industrial Unit To Shareholders
Much like Real Estate Investment Trusts(REITs), Business Development Companies(BDCs) are a corporate structure that bypasses corporate taxes, and has shareholders pay taxes at their own rates, according to their ownership. Capital Southwest Corporation(CSWC) is a Dallas-based BDC which has built up an Industrials business through decades of acquisitions. In December, CEO Joe Armes announced a plan to spin… Read More »