Brief: Oha Investment Corporation To Merge With Portman Ridge Finance Corp
Aug 1 (Reuters) - Portman Ridge Finance Corp PTMN.O :
* OHA INVESTMENT CORPORATION TO MERGE WITH PORTMAN RIDGE
FINANCE
CORPORATION
* PORTMAN RIDGE FINANCE CORP - FOLLOWING TRANSACTION,
CURRENT OHAI
STOCKHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 16% OF COMBINED
COMPANY
* PORTMAN RIDGE - OHAI'S STOCKHOLDERS WILL RECEIVE VALUE
PER
SHARE OF ABOUT 108% OF OHAI'S NET ASSET VALUE PER SHARE AT TIME
OF CLOSING OF TRANSACTION
Source text for Eikon: ID:nGNX2qpT0T
Further company coverage: PTMN.O
((Reuters.Briefs@thomsonreuters.com;))
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