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180 DEGREE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of 180 Degree Capital Corp. - TURN

1. Former AG investigates 180 Degree Capital's merger with Mount Logan. 2. Shareholders expected to own 40% of the combined entity after closing. 3. Investigation focuses on merger fairness for 180 Degree shareholders.

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$3.911901/21 05:02 PM EDTEvent Start
$3.8101/22 11:43 PM EDTLatest Updated
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FAQ

Why Bearish?

Ongoing investigations can lead to uncertainty and negative sentiment, similar to past cases affecting stock values.

How important is it?

The legal scrutiny of the merger may influence investor confidence and future stock performance.

Why Short Term?

The merger investigation may create immediate concerns among investors, impacting stock price shortly.

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MLGCTURN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of 180 Degree Capital Corp. (NasdaqGM: TURN) and Mount Logan Capital Inc. Pursuant to the terms of the agreement, at the closing of the transaction, 180 Degree shareholders are expected to own approximately 40% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to 180 Degree shareholders. If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-turn/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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