RCS Capital to Acquire Investors Capital Holdings for $52.5M
October 28, 2013 at 06:13 AM EDT
RCS Capital Corporation ((NYSE: RCAP ) announced today that on October 27, 2013, RCAP and a newly formed wholly owned subsidiary of RCAP entered into an agreement and plan of merger with Investors Capital Holdings, Ltd. ("ICH") (NYSE: ICH ) by which RCAP will acquire ICH for approximately