LOS ANGELES--(BUSINESS WIRE)--Source Capital (NYSE: SOR), a closed-end fund (“Source”), is disappointed that the Board of Directors of 180 Degree Capital Corp. (NASDAQ: TURN) (“TURN”) quickly rejected Source's non-binding initial proposal in three business days without any dialogue with Source to reach an agreement that would maximize value for all TURN shareholders. The market reacted positive...
MONTCLAIR, N.J., Jan. 29, 2025 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) notes that its Board of Directors (the “Board”), including the Special Committee of the Board, has evaluated the non-binding proposal from Source Capital issued on January 24, 2025 (the “Source Proposal”), pursuant to the requirements of Section 7.10 of the Agreement and Plan of Merg...
Calls on 180 Capital Corp's Board of Directors to Engage with Source and Pursue Best Path to Maximize Shareholder Value CHICAGO , Jan. 27, 2025 /PRNewswire/ -- Marlton Partners L.P. (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 4.6% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ: TURN) (the "Company"), today issued the foll...
LOS ANGELES--(BUSINESS WIRE)--Source Capital (NYSE: SOR), a closed-end fund (“Source”), is interested in discussing a potential merger with 180 Degree Capital Corp. (NASDAQ: TURN) (“TURN”). First Pacific Advisors, LP (“FPA”), is the adviser to Source and is a registered investment adviser. FPA currently manages $27 billion, which includes $350 million1 related to its management of Source. FPA h...
NEW YORK, NY / ACCESS Newswire / January 22, 2025 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: H&E Equipment Services, Inc. (NASDAQ:HEES)'s sale to United Rentals, Inc. for $92.00 per share in cash. If you are a H&E shareholder, cl...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of 180 Degree Capital Corp. (NasdaqGM: TURN) and Mount Logan Capital Inc. Pursuant to the terms of the agreement, at the closing of the transaction, 180 Degree shareholders are expected to own approximately 40% of ...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of 180 Degree Capital Corp. (NASDAQ: TURN) and Mount Logan Capital Inc. is fair to 180 Degree shareholders. Upon closing of the proposed transaction, 180 Degree shareholders are expected to own approximately 40% of the combined company. Halper Sadeh encourages 180 Degree shareholders to...
180 Degree Capital's track record of investing in public markets and its deep network of relationships are expected to help fuel expansion of Mount Logan's bespoke private credit solutions into publicly traded companies
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