Portman Ridge Finance reports shareholder approval for Logan Ridge Finance deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
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Should l Buy ?
Merger Approval: Portman Ridge Finance (PTMN) received shareholder approval for the issuance of common stock related to its merger with Logan Ridge Finance (LRFC), with about 88% of voting shareholders in favor.
Expected Closing Date: The merger is anticipated to close around July 15, following the approval from Logan Ridge Finance stockholders on June 20 and subject to customary closing conditions.
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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.
