Brief: Garrison Capital To Merge With Portman Ridge Finance Corp

BCP Investment

25/06/2020 24:50

June 24 (Reuters) - Garrison Capital Inc  GARS.O :
    * GARRISON CAPITAL INC. TO MERGE WITH PORTMAN RIDGE FINANCE
CORPORATION
    * GARRISON CAPITAL INC - STOCKHOLDERS SHOULD EXPECT TO
REALIZE
IMMEDIATE NET INVESTMENT INCOME PER SHARE ACCRETION FOLLOWING
CLOSING OF TRANSACTION
    * GARRISON CAPITAL INC - TRANSACTION CURRENTLY VALUES GARS
SHARES
AT ABOUT $3.97 PER SHARE
    * GARRISON CAPITAL INC - PARTIES CURRENTLY EXPECT
TRANSACTION TO
BE COMPLETED IN FOURTH CALENDAR QUARTER OF 2020

Source text for Eikon:  ID:nGNX8hfS5M 
Further company coverage:  GARS.O 

 ((Reuters.Briefs@thomsonreuters.com;))