Mount Logan Capital will merge with 180 Degree in an all-stock deal. The transaction is expected to close in mid-2025. 180 Degree, Mount Logan to Merge, Creating Asset Manager with $2.4B in Assets - MarketWatch. https://t.co/Rh3mMvFjTF https://t.co/9vyWOq6kS0 https://t.co/FoY3Sbxv9h
$TURN merging with Mount Logan Capital at NAV. Congrats to Marlton @jameselbaor! https://t.co/wzHYTLyy7Z https://t.co/eils4vBCT6
TURN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of 180 Degree Capital Corp. Is Fair to Shareholders https://t.co/guG44nNI9a https://t.co/7PNHkLxKuG
Mount Logan Capital Inc. has entered into a definitive agreement to merge with 180 Degree Capital Corp. in an all-stock transaction valued at an estimated $113.6 million in pro forma equity. This merger aims to establish a US-exchange listed alternative asset management and insurance solutions platform, with the combined entity managing over $2.4 billion in assets. The transaction is anticipated to close in mid-2025. Meanwhile, Halper Sadeh LLC is investigating whether the merger is fair to shareholders of 180 Degree Capital.