Portman Ridge shareholders approve merger with Logan Ridge

Written by Emily J. Thompson, Senior Investment Analyst

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Updated: Jun 27 2025

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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.

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.

Portman Ridge shareholders approve merger with Logan Ridge

About the author

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