180 Degree Capital Corp. and Mount Logan Capital Inc. Announce Agreement to Merge in All-Stock, Transformative Transaction Establishing a US-Exchange Listed Alternative Asset Management and Insurance Solutions Platform with Over $2.4 Billion in Assets Under Management
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180 Degree Capital Corp. and Mount Logan Capital Inc. have announced a merger to create a US-listed alternative asset management and insurance solutions platform with over $2.4 billion in assets under management. 180 Degree Capital shareholders will receive full NAV at closing in stock of the merged company.
January 17, 2025 | 11:15 am
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180 Degree Capital Corp. is merging with Mount Logan Capital Inc. to form a new US-listed entity with over $2.4 billion in assets under management. Shareholders of 180 Degree Capital will receive full NAV in stock of the merged company.
The merger is a significant event for 180 Degree Capital Corp. as it transforms the company into a larger entity with substantial assets under management. The all-stock transaction ensures shareholders receive full NAV, which is likely to be viewed positively by the market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100