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Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or "PTMN") today announced the closing of the previously announced merger of Logan Ridge Finance Corporation (NASDAQ:LRFC) ("Logan Ridge" or "LRFC") with
07-16 04:20
Logan Ridge Finance ( ($LRFC) ) has issued an announcement. On June 17, 2025, L...
06-18 05:20
Portman Ridge Finance (NASDAQ:PTMN) will change its name and take actions aimed at enhancing shareholder value, including a transition to a monthly dividend and a stock purchase program, the company s...
06-18 04:28
Logan Ridge Finance Corporation (LRFC) has reached an agreement with its investment adviser, Mount Logan Management LLC, related to its merger with Portman Ridge Finance Corporation (PTMN). Under the agreement, Mount Logan will provide a pre-merger cash payment of $0.47 per share to LRFC shareholders, combined with a tax distribution of at least $0.38 per share and 1.5x PTMN shares for each LRFC share, equaling 100% of LRFC’s net asset value (NAV...
06-17 20:05
Logan Ridge Finance Corporation (LRFC) has rescheduled its Special Meeting of Stockholders to June 20, 2025, to allow shareholders more time to vote on the proposed merger with Portman Ridge Finance Corporation (PTMN). Leading proxy advisors ISS and Glass Lewis recommend voting "FOR" the merger. The Board of Directors of LRFC also unanimously recommends approval. Proxy submissions previously received will be used unless revoked. Shareholders are ...
06-05 23:35
The latest update is out from Logan Ridge Finance ( ($LRFC) ). On June 3, 2025,...
06-04 05:54
Portman Ridge Finance Corporation (PTMN) and Logan Ridge Finance Corporation (LRFC) have announced their planned merger, receiving strong support from proxy advisory firms ISS and Glass Lewis, who recommended shareholders approve the deal.
06-03 21:04
Logan Ridge Finance (NASDAQ:LRFC) declares $0.36/share quarterly dividend, in line with previous. Payable May 29; for shareholders of record May 19; ex-div May 19. See LRFC Dividend Scorecard, Yield C...
05-12 13:17
Logan Ridge Finance press release (NASDAQ:LRFC): Q1 Net investment income (“NII”) was $0.9 million, or $0.35 per share Total investment income was $4.6 million for the quarter ended March 31, 2025, as...
05-09 05:37
Logan Ridge Finance (NASDAQ:LRFC) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.37 by 5.41 percent. This is unchanged from the same period last year. The company
05-09 05:08