Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Mount Logan Capital ( (TSE:MLC) ).
Mount Logan Capital Inc. and 180 Degree Capital Corp. have successfully completed their strategic business combination, forming a new entity, Mount Logan Capital Inc., which will trade on NASDAQ under the symbol ‘MLCI’. This merger, valued at approximately US$122.7 million, is expected to enhance the company’s growth potential and value creation for shareholders by leveraging increased liquidity and opportunities as a NASDAQ-listed company.
The most recent analyst rating on (TSE:MLC) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Mount Logan Capital stock, see the TSE:MLC Stock Forecast page.
More about Mount Logan Capital
Mount Logan Capital Inc. operates in the alternative asset management and insurance solutions industry, focusing on creating a diversified platform with enhanced scale and access to U.S. capital markets.
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$9.47M
For detailed information about MLC stock, go to TipRanks’ Stock Analysis page.