Mount Logan shareholders approve merger with 180 Degree Capital

[M&A - concept waiting for mergers and acquisitions.3D rendering on yellow background.]

Mount Logan Capital (OTCPK:PYCFF [https://seekingalpha.com/symbol/PYCFF]) announced [https://seekingalpha.com/pr/20216095-mount-logan-capital-inc-shareholders-approve-previously-announced-business-combination-with] on Friday shareholders' approval for the proposed business combination with 180 Degree Capital (NASDAQ:TURN [https://seekingalpha.com/symbol/TURN]).

A total of 99.90% of the votes cast at the stockholders meeting were in favor of the merger.

Last week, 180 Degree Capital said [https://seekingalpha.com/news/4488429-180-degree-shareholders-approve-merger-with-mount-logan-capital] its shareholders have approved the all-stock merger.

The merger remains subject to the receipt of a final order of the Ontario Superior Court of Justice, scheduled to be sought on Tuesday, September 2.

The business combination is expected to be completed in September.

MORE ON MOUNT LOGAN CAPITAL, 180 DEGREE CAPITAL

* 180 Degree shareholders approve merger with Mount Logan Capital [https://seekingalpha.com/news/4488429-180-degree-shareholders-approve-merger-with-mount-logan-capital]
* 180 Degree Capital, Mount Logan revise merger deal [https://seekingalpha.com/news/4486436-180-degree-capital-mount-logan-revise-merger-deal]
* Historical earnings data for Mount Logan Capital [https://seekingalpha.com/symbol/PYCFF/earnings]
* Dividend scorecard for Mount Logan Capital [https://seekingalpha.com/symbol/PYCFF/dividends/scorecard]
* Financial information for Mount Logan Capital [https://seekingalpha.com/symbol/PYCFF/income-statement]