US Edition180 Degree Capital Corp. and Mount Logan Capital Inc. Announce Revised Terms of Business Combination in Response to Constructive Conversations With Shareholders - 180 Degree Capital (NASDAQ:TURN)
The revised business combination terms increase share consideration to 110% of net asset value and include a $25 million liquidity program to support shareholder value, management commits to no insider selling.
7 Articles
7 Articles
Globe Newswire
180 Degree Capital Corp. and Mount Logan Capital Inc. Announce Revised Terms of Business Combination in Response to Constructive Conversations with Shareholders
180 Degree Capital’s shareholders to receive shares of New Mount Logan based on 110% of Net Asset Value (“NAV”) of 180 Degree Capital at closing, an...
180 Degree Capital Corp. and Mount Logan Capital Inc. Announce Revised Terms of Business Combination in Response to Constructive Conversations With Shareholders
180 Degree Capital’s shareholders to receive shares of New Mount Logan based on 110% of Net Asset Value ('NAV”) of 180 Degree Capital at closing, an increase from 100% of NAV
180 Degree Capital Corp. and Mount Logan Capital Inc. Announce Revised Terms of Business Combination in Response to Constructive Conversations With Shareholders - 180 Degree Capital (NASDAQ:TURN)
180 Degree Capital's shareholders to receive shares of New Mount Logan based on 110% of Net Asset Value ("NAV") of 180 Degree Capital at closing, an increase from 100% of NAV New Mount Logan, together with its management, affiliates and related parties, commits to provide an aggregate of US$25 million for shareholder liquidity at or above the Closing Merger Value with US$15 million expected to be launched no later than 60 days from closing and t…
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