Midland Capital Holdings (OTCPK:MCPH) said Friday it has been acquired by Midfed Acquisition Corp. for $31.65 per share. Shares last changed hands at $30.00 a share at Thursday’s close.
The deal was initially announced on Sept. 12, 2023,
As of June 30, 2024, Midland (OTCPK:MCPH) had $114.9M in total assets and total equity capital of $10.4M.