Portman Ridge's special meeting adjourned to allow more time for stockholders to vote for merger

From GlobeNewswire: 2025-06-20 18:02:00

Stockholders of PTMN have shown strong support for the proposed merger with Logan Ridge, with favorability exceeding 85%. Logan Ridge stockholders approved the merger at a special meeting held on June 20, 2025. The PTMN Special Meeting has been adjourned to June 27, 2025, with over 48% of outstanding shares already voted. The merger remains subject to the satisfaction of closing conditions. Stockholders are urged to vote promptly. BC Partners Credit was launched in 2017 to identify credit opportunities. Forward-looking statements were provided regarding the potential impact of the merger. Participants in the solicitation include PTMN, LRFC, and their respective directors and officers.



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