Logan Ridge Finance Corporation Announces Adviser Funded Cash Payment to Shareholders in Connection with its Merger with Portman Ridge Finance Corporation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
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Source: Globenewswire
Merger Announcement: Logan Ridge Finance Corporation has agreed to a merger with Portman Ridge Finance Corporation, which includes a pre-closing cash payment of $0.47 per share to shareholders, ensuring they receive 100% of net asset value as of March 31, 2025.
Shareholder Meeting: A special meeting for LRFC shareholders is scheduled for June 20, 2025, where they are encouraged to vote on the merger proposal and can access voting instructions through a designated website or by phone.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
