Portman Ridge shareholders approve merger with Logan Ridge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
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Should l Buy ?
Shareholder Approval: Portman Ridge Finance Corporation (PTMN) received overwhelming shareholder approval for the issuance of common stock related to its merger with Logan Ridge Finance Corporation (LRFC), with about 88% of voting shareholders in favor.
Merger Timeline: The merger is expected to close around July 15, 2025, pending customary closing conditions, following LRFC stockholders' approval on June 20, 2025.
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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.
