180 Degree Capital (TURN) announced that it has received the press release issued, and the notice of nomination submitted, by Marlton Partners on December 17. “We believe that the press release issued by Marlton contains a number of inaccuracies and distortions, and we look forward to addressing the points noted in that press release in due time and, if and when appropriate, engaging with them,” stated Kevin Rendino, Chairman of the Board and CEO of 180 Degree Capital. “In the meantime, we remain focused on strategies and opportunities that we believe can maximize value for all of our shareholders.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TURN:
- 180 Degree Capital notes average discount of NAV per share to stock price
- 180 Degree Capital notes BrightCove to be acquired by Bending Spoons
- 180 Degree Capital Corp. Reports Q3 2024 Results
- 180 Degree Capital reports Q3 NAV per share $4.40
- 180 Degree Capital notes preliminary NAV per share of $4.40 as of Sept. 30