180 Degree Capital Corp. Responds to Non-Binding Proposal from Source Capital
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180 Degree Capital Corp. has evaluated a non-binding proposal from Source Capital and determined it does not meet the criteria for a superior proposal under their current merger agreement.
January 29, 2025 | 11:15 am
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180 Degree Capital Corp. has assessed a non-binding proposal from Source Capital and concluded it does not qualify as a superior proposal under their merger agreement.
The board's decision that the proposal is not superior suggests no immediate change in the merger process, maintaining the status quo for TURN's stock. This decision is crucial for investors monitoring potential changes in the merger agreement.
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