Provided By GlobeNewswire
Last update: Jul 30, 2025
MONTCLAIR, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ: TURN) (“180 Degree Capital”) announced today that a leading independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”) has recommended that 180 Degree Capital shareholders vote “FOR” the proposed all-stock merger between 180 Degree Capital and Mount Logan Capital Inc. (“Mount Logan”) (the “Business Combination”) at 180 Degree Capital’s upcoming special meeting on August 22, 2025. Glass Lewis’ report highlighted 1) its assessment of the strategic rationale for the merger, 2) its conclusion that the terms represent a favorable valuation for 180 Degree Capital shareholders, and 3) its view that the 180 Degree Capital’s Special Committee of its Board of Directors undertook a well-run process when assessing strategic alternatives for 180 Degree Capital.
Read more at globenewswire.comNASDAQ:TURN (8/28/2025, 4:30:02 PM)
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