-
01:45:01 AM

PTMN - Portman Ridge Finance Corp

10/28/20 4:01 PM
Nasdaq : PTMN
Portman Ridge Finance Corporation Closes Merger with Garrison Capital Inc.
Portman Ridge Finance Corporation (Nasdaq: PTMN) (the "Company" or "PTMN") and Garrison Capital Inc. (formerly Nasdaq: GARS) ("GARS") announced today the closing (the "Closing") of the previously announced transaction under which GARS will be merged into PTMN. As a result of the Closing, October 28, 2020 has been set as the record date (the "Record Date") for the GARS stockholders' right to receive the $5.0 million cash payment from an affiliate of BC Partners Advisor
RHEA-AI
neutral
10/19/20 4:54 PM
Nasdaq : PTMN
Portman Ridge Finance Corporation and Garrison Capital Inc. Announce Stockholder Approval of Merger
Portman Ridge Finance Corporation (Nasdaq: PTMN) (the "Company" or "PTMN") and Garrison Capital Inc. (Nasdaq: GARS) ("GARS") announced today that each company has obtained stockholder approval for the previously announced proposed merger of the two companies (the "Merger") at their respective special meetings held on October 19, 2020. Stockholders voted overwhelmingly in favor of the proposed transaction as over 95% of PTMN stockholders and almost 99% of GARS stockhol
RHEA-AI
positive
10/16/20 4:05 PM
Nasdaq : PTMN
Portman Ridge Finance Corporation Announces Distribution of $0.06 per Share
Portman Ridge Finance Corporation (Nasdaq: PTMN) (the "Company" or "Portman Ridge"), a business development company, today announced that its Board of Directors approved a cash distribution of $0.06 per share of common stock for the fiscal quarter ended September 30, 2020, payable on November 27, 2020, to all shareholders of record at the close of business on October 26, 2020. This otherwise regularly scheduled distribution is being declared early for the third quarte
RHEA-AI
neutral