NEW YORK, NY--(Marketwired - Jun 23, 2015) - HC2 Holdings, Inc. ("HC2") (NYSE MKT: HCHC) announced today that it has sent a letter to MCG Capital Corporation ("MCGC"), in response to MCGC's recent investor presentation, further modifying its proposed offer to purchase all of the outstanding shares of MCGC. The following is a copy of the letter sent to MCGC's Board of Directors by HC2 regarding its offer.