Portman Ridge Finance and Logan Ridge Finance Secure Proxy Advisory Support for Upcoming Merger Vote
- Portman Ridge Finance Corporation and Logan Ridge Finance Corporation announced on June 5, 2025, that the LRFC Special Meeting will reconvene on June 20, 2025, in New York for a merger vote.
- The extension to June 20 allows stockholders additional time to vote on the proposed merger of LRFC into PTMN, with a record date for voting set at May 6, 2025.
- Both the boards of PTMN and LRFC have given their full support for the merger, and this endorsement is further backed by leading proxy advisory firms, which have recommended that shareholders approve the related proposals.
- ISS and Glass Lewis recommend LRFC and PTMN stockholders vote ‘FOR’ the merger, with strong shareholder support already expressed and proxies to be voted unless revoked.
- The merger entails uncertainties including timing, synergies, shareholder votes, competing offers, and future financial performance, and PTMN and LRFC urge shareholders to review SEC filings for more information.
16 Articles
16 Articles
Logan Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote "FOR" the Merger Proposal - Logan Ridge Finance (NASDAQ:LRFC), Portman Ridge Finance (NASDAQ:PTMN)
Stockholders of LRFC Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), Have Recommended LRFC Stockholders Vote "FOR" the Merger Proposal NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("Logan Ridge" or "LRFC") announced today that its Special Meeting of S…
Leading Independent Proxy Advisory Firms Glass Lewis and ISS Recommend that Shareholders Vote “FOR” the Proposed Merger Between PTMN and LRFC (Form 8-K) (Logan Ridge Finance Corp)
) Leading Independent Proxy Advisory Firms Glass Lewis and ISS Recommend that Shareholders Vote "FOR" the Proposed Merger Between PTMN and LRFC NEW YORK, June 3, 2025 - Portman Ridge Finance Corporation (NASDAQ: PTMN) ("Portman Ridge" or "PTMN") and Logan Ridge Finance Corporation (NASDAQ: LRFC) ("Logan Ridge" or "LRFC") (together, the "Companies") announced today that leading independent proxy advisory firms, Institutional Shareholder Services …

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend KP Tissue Inc. Shareholders Vote for All Resolutions at the Upcoming Annual Meeting of Shareholders
Shareholders are reminded to vote well in advance of the June 19, 2025 proxy deadlineShareholder Questions or Require Voting Assistance? Contact Laurel Hill Advisory Group at 1-877-452-7184 (for Shareholders in North America) or by email at assistance@laurelhill.com
Leading Independent Proxy Advisory Firms Glass Lewis and ISS Recommend that Shareholders Vote ...
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) and Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) (together, the “Companies”) announced today that leading independent proxy advisory firms,…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage