Oct 09, 2023 activistcompany

Punch & Associates urges Logan Ridge Finance Corporation (LRFC) to consider merger

Key Summary: On November 9, 2023, Punch & Associates (8.7%) sent a letter to the Board encouraging the Company to explore a business combination transaction.

Market Cap: $58 million| Logan Ridge Finance Corporation is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies.

On November 9, 2023, Punch & Associates (8.7%) sent a letter to the Board encouraging the Company to explore a business combination transaction.

More like this

Daniel S. Farb nominated Board Candidates to Artelo Biosciences, Inc (ARTL)

Khrom Capital urges Acadia Healthcare Company, Inc (ACHC) for Strategic Review and Potential Sale

Alden Global increased its stake after reaching Cooperation Agreement with Freds Inc. (FRED)

Alden Global reduced its stake below 5% in Pier 1 Imports (PIR)

JCP Investment Management Sees Earnings Growth Potential, Plans Engagement with Board of Denny's Corporation (DENN)

Lakeview Investment Group reaches agreement with TESSCO