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Marlton Partners Comments on Source Capital Proposal to Merge with 180 Degree Capital Corporation

Provided By PR Newswire

Last update: Jan 27, 2025

Calls on 180 Capital Corp's Board of Directors to Engage with Source and Pursue Best Path to Maximize Shareholder Value

CHICAGO, Jan. 27, 2025 /PRNewswire/ -- Marlton Partners L.P. (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 4.6% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ: TURN) (the "Company"), today issued the following statement calling on the TURN Board of Directors (the "Board") to engage with Source Capital (NYSE: SOR) ("Source") and consider its proposed merger with TURN as announced on January 24, 2025.

Read more at prnewswire.com

SOURCE CAPITAL

NYSE:SOR (2/21/2025, 8:04:00 PM)

42.45

-0.36 (-0.84%)


180 DEGREE CAPITAL CORP

NASDAQ:TURN (2/21/2025, 8:00:01 PM)

4.05

-0.05 (-1.22%)



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