BACKGROUND: Shareholders of mid-sized Business Development Company BlackRock Capital Investment Corporation (NASDAQ:BKCC) will be receiving the Annual Proxy and asked to vote on two routine proposals: i) (Re)-elect two "independent" directors to the board; ii) ratify the selection of Deloitte Touche as the BDC's "independent registered accounting firm" for 2017. The BDC Reporter - which promises News, Views And Analysis - is offering up its opinion to BKCC's shareholders after a review of the proxy materials. (We try to read every proxy for every public BDC every year despite - as what follows will illustrate - that fact that it's mostly a pointless and costly exercise.)
BDC Reporter's Views of BKCC's 2017 Proxy
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