Press Release: Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan

Dow Jones

12 Feb

hereof, Mr. Morris is the beneficial owner of 10,670 Common Shares. As of the date hereof, the Participants may be deemed to collectively beneficially own 461,468 Common Shares.

Media Contact:

ASC Advisors

Taylor Ingraham (203 992 1230)

tingraham@ascadvisors.com

Investors Contact:

James C. Elbaor (214-405-4141)

James@marltonllc.com

InvestorCom LLC

John Glenn Grau (203-972-9300)

info@investor-com.com

proxy@investor-com.com

(1) 180 Capital -- Mount Logan Definitive Merger Agreement

(2) Source Capital January 24 Merger Proposal Announcement

(3) Mount Logan Capital + 180 Degree Capital Corp Strategic Combination Presentation - Slide 7

View original content:https://www.prnewswire.com/news-releases/marlton-partners-expresses-concern-about-the-proposed-merger-of-180-degree-capital-corp-and-mount-logan-302373862.html

SOURCE Marlton Partners L.P.

(END) Dow Jones Newswires

February 11, 2025 13:30 ET (18:30 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2510534243"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2510534243\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2510534243?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-12 02:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2510534243","market":"other","top_or_hot":-1,"title":"Press Release: Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nhereof, Mr. Morris is the beneficial owner of 10,670 Common Shares. As of the date hereof, the Participants may be deemed to collectively beneficially own 461,468 Common Shares. \n</p>\n<p>\n     Media Contact: \n</p>\n<p>\n     ASC Advisors \n</p>\n<p>\n     Taylor Ingraham (203 992 1230) \n</p>\n<p>\n     tingraham@ascadvisors.com \n</p>\n<p>\n     Investors Contact: \n</p>\n<p>\n     James C. Elbaor (214-405-4141) \n</p>\n<p>\n     James@marltonllc.com \n</p>\n<p>\n     InvestorCom LLC \n</p>\n<p>\n     John Glenn Grau (203-972-9300) \n</p>\n<p>\n     info@investor-com.com \n</p>\n<p>\n     proxy@investor-com.com \n</p>\n<p>\n     (1)  180 Capital -- Mount Logan Definitive Merger Agreement \n</p>\n<p>\n     (2) Source Capital January 24 Merger Proposal Announcement \n</p>\n<p>\n     (3) Mount Logan Capital + 180 Degree Capital Corp Strategic Combination Presentation - Slide 7 \n</p>\n<p>\n      View original content:https://www.prnewswire.com/news-releases/marlton-partners-expresses-concern-about-the-proposed-merger-of-180-degree-capital-corp-and-mount-logan-302373862.html \n</p>\n<p>\n     SOURCE Marlton Partners L.P. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 11, 2025 13:30 ET (18:30 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Marlton Partners Expresses Concern About the Proposed Merger of 180 Degree Capital Corp. and Mount Logan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-12 02:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nhereof, Mr. Morris is the beneficial owner of 10,670 Common Shares. As of the date hereof, the Participants may be deemed to collectively beneficially own 461,468 Common Shares. \n</p>\n<p>\n     Media Contact: \n</p>\n<p>\n     ASC Advisors \n</p>\n<p>\n     Taylor Ingraham (203 992 1230) \n</p>\n<p>\n     tingraham@ascadvisors.com \n</p>\n<p>\n     Investors Contact: \n</p>\n<p>\n     James C. Elbaor (214-405-4141) \n</p>\n<p>\n     James@marltonllc.com \n</p>\n<p>\n     InvestorCom LLC \n</p>\n<p>\n     John Glenn Grau (203-972-9300) \n</p>\n<p>\n     info@investor-com.com \n</p>\n<p>\n     proxy@investor-com.com \n</p>\n<p>\n     (1)  180 Capital -- Mount Logan Definitive Merger Agreement \n</p>\n<p>\n     (2) Source Capital January 24 Merger Proposal Announcement \n</p>\n<p>\n     (3) Mount Logan Capital + 180 Degree Capital Corp Strategic Combination Presentation - Slide 7 \n</p>\n<p>\n      View original content:https://www.prnewswire.com/news-releases/marlton-partners-expresses-concern-about-the-proposed-merger-of-180-degree-capital-corp-and-mount-logan-302373862.html \n</p>\n<p>\n     SOURCE Marlton Partners L.P. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 11, 2025 13:30 ET (18:30 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NAV","symbol_name":"纳威司达","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510534243","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510534243","pubTimestamp":1739298600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Highlights Key Terms and Departures from Shareholder Interests. Questions Process and Motivations of 180 Degree Capital Corp.'s Board of Directors' Cavalier Rejection of the Alternative Source Capital Proposal. Highlights Need for Transparency from the TURN Board and a Fair Process to Allow Shareholders to Determine the Right Path Forward. Second, the Board has failed to provide shareholders an option to tender at net asset value , the most basic safeguard for shareholders in transactions of this nature, and one provided in almost every recent comparable deal in this space. When coupled with TURN's prolonged underperformance and total transformation of corporate structure, it makes not providing shareholders the option to receive cash at NAV even more unacceptable.The refusal to even speak with Source raises questions about whose interests are truly being served in this process. Could it be because TURN's management will continue employment with Mount Logan? Given these developments, t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NAV":"纳威司达","TURN":"180 Degree Capital Corp.","BK4135":"资产管理与托管银行","SOR":"Source Capital Inc"},"translate_title":"新闻稿：Marlton Partners对180 Degree Capital Corp.和Mount Logan的拟议合并表示担忧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NAV":1,"SOR":0.9,"TURN":1},"content_text":"hereof, Mr. Morris is the beneficial owner of 10,670 Common Shares. As of the date hereof, the Participants may be deemed to collectively beneficially own 461,468 Common Shares. \n\n\n     Media Contact: \n\n\n     ASC Advisors \n\n\n     Taylor Ingraham (203 992 1230) \n\n\n     tingraham@ascadvisors.com \n\n\n     Investors Contact: \n\n\n     James C. Elbaor (214-405-4141) \n\n\n     James@marltonllc.com \n\n\n     InvestorCom LLC \n\n\n     John Glenn Grau (203-972-9300) \n\n\n     info@investor-com.com \n\n\n     proxy@investor-com.com \n\n\n     (1)  180 Capital -- Mount Logan Definitive Merger Agreement \n\n\n     (2) Source Capital January 24 Merger Proposal Announcement \n\n\n     (3) Mount Logan Capital + 180 Degree Capital Corp Strategic Combination Presentation - Slide 7 \n\n\n      View original content:https://www.prnewswire.com/news-releases/marlton-partners-expresses-concern-about-the-proposed-merger-of-180-degree-capital-corp-and-mount-logan-302373862.html \n\n\n     SOURCE Marlton Partners L.P. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 11, 2025 13:30 ET (18:30 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"merge","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}