TURN - Mergers and acquisitions

Revised Terms Delivering 110% of NAV Validates TURN Shareholder Value CHICAGO, Sept. 12, 2025 /PRNewswire/ -- Marlton Partners L.P. (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 5.8% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ:TURN) ("TURN" or the "Company"), today issued the following statement in response to the business combination of the Company and Mount Logan Capital Inc. (Cboe Canada: MLC) ("Mount Logan"), which was completed under revised terms on September 12, 2025. "Marlton has strong conviction in the significant value embedded in closed-end vehicles such as TURN. The revised terms of this transaction – wh

CHICAGO, Aug. 15, 2025 /PRNewswire/ -- Marlton Partners L.P. (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 5.8% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ:TURN) ("TURN" or the "Company"), today announced that it has filed a preliminary proxy statement with the U.S. Securities Exchange and Commission to be used to solicit votes for the election of its four highly-qualified and independent director candidates – James C. Elbaor, Gabriel (Gabi) Gliksberg, Aaron Morris and Andrew (Andy) Greenberg (together, the "Nominees") - at the Company's upcoming Special Meeting of Shareholders scheduled for September 15.  James C. E

Opportunity to Restore Basic Shareholder Rights and Recalibrate Direction of The Company Fresh and Independent Boardroom Perspective Needed to Return TURN's Focus Towards Creating Value for Shareholders CHICAGO, July 1, 2025 /PRNewswire/ -- Marlton Partners L.P., (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 5.2% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ: TURN) (the "Company"), today announced that it has nominated four highly-qualified and independent director candidates – James C. Elbaor, Gabriel (Gabi) Gliksberg, Aaron Morris, and Andrew (Andy) Greenberg - for election to the TURN Board of Directors (the "Board")

TURN's Ongoing Failure to Hold Annual General Meeting Represents Serious Breach of Basic Fiduciary Duties Demand for a Special Meeting is Necessary to Protect Shareholder Interests CHICAGO, June 17, 2025 /PRNewswire/ -- Marlton Partners L.P., together with ATG Fund II LLC, Gabi Gliksberg and other TURN shareholders (the "Demanding Shareholders"), beneficial owners of more than ten percent of the outstanding stock of 180 Degree Capital Corp. (NASDAQ:TURN) (the "Company"), today announced that they have united for the sole purpose of delivering a letter to the TURN Board of Directors (the "Board") demanding that TURN hold a special meeting of TURN shareholders for the election of directors to

Issues Letter to TURN Shareholders Detailing Continued Governance Failures and Mismanagement by 180 Board and Management Team CHICAGO, June 3, 2025 /PRNewswire/ -- Marlton Partners L.P. (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 5.2% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ:TURN) (the "Company"), today issued an open letter calling on the TURN Board of Directors to immediately set a record date and allow shareholders to vote on the Company's proposed sale to Mount Logan Capital Inc. (Cboe Canada: MLC) ("Mount Logan"): Dear Fellow Shareholders of 180 Degree Capital Corp. (TURN), As long-term TURN shareholders,

Highlights Key Terms and Departures from Shareholder Interests Questions Process and Motivations of 180 Degree Capital Corp.'s Board of Directors' Cavalier Rejection of the Alternative Source Capital Proposal Highlights Need for Transparency from the TURN Board and a Fair Process to Allow Shareholders to Determine the Right Path Forward CHICAGO, Feb. 11, 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 expressing its concern about TURN's definitive merger agreement with

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. We are pleased that additional market participants are beginning to appreciate our long-held view that th

CHICAGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- In connection with its nominations, Marlton Partners L.P. (together with its affiliates, "Marlton" or "we") sent the below letter to all shareholders of 180 Degree Capital Corp. (NASDAQ:TURN). The full text of Marlton's letter can be viewed at the following link: https://www.marltonllc.com/_files/ugd/6ba84d_fd82a20ad15644d18642b9e5155950a8.pdf "I am keenly aware of the expectations you have for 180 Degree Capital. You will judge our success based on the path of our stock price. We will do the same." -Kevin Rendino in 1st Quarter 2017 Earnings Release "How should we measure success? Appreciation of the price of our stock" - 1st Quarter 2017 E

MONTCLAIR, N.J., April 05, 2022 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) ("180" and the "Company"), today noted that its legacy private portfolio holding, TARA Biosystems, Inc., has been acquired by Valo Health, LLC. A press release issued by both companies detailing the acquisition can be found at https://www.prnewswire.com/news-releases/valo-health-acquires-tara-biosystems-creating-first-of-its-kind-vertically-integrated-cardiovascular-platform-301517607.html?tc=eml_cleartime. Under the terms of the acquisition, 180 will receive approximately $2.7 million in cash over the next 24 months and has the potential to receive an additional $3.3 million upon achievement of cer