Calls on 180 Capital Corp’s Board of Directors to Engage with Source and Pursue Best Path to Maximize Shareholder Value

CHICAGO, Jan. 27, 2025 /PRNewswire/ — Marlton Partners L.P. (together with its affiliates and group members, “Marlton” or “we”), beneficial owners of approximately 4.6% of the outstanding stock of 180 Degree Capital Corp. (NASDAQ: TURN) (the “Company”), today issued the following statement calling on the TURN Board of Directors (the “Board”) to engage with Source Capital (NYSE: SOR) (“Source”) and consider its proposed merger with TURN as announced on January 24, 2025.

Maximizing shareholder value is always a top priority for any company, and it seems like Marlton Partners L.P. is taking matters into their own hands by calling for action from 180 Capital Corp’s Board of Directors. With a significant stake in the Company, Marlton clearly has a vested interest in seeing positive outcomes.

It’s not every day that we see such public calls for Board engagement, especially in the world of mergers and acquisitions. The proposed merger with Source Capital adds another layer of complexity to the situation, as both parties will need to carefully consider the potential benefits and drawbacks of such a move.

Shareholders, on the other hand, are likely watching closely to see how this situation unfolds. Any major decisions made by the Board could have a direct impact on their investments, so it’s no wonder Marlton is urging for swift action to maximize shareholder value.

How will this affect me?

As a shareholder of 180 Degree Capital Corp (NASDAQ: TURN), the outcome of this situation could directly impact the value of your investment. It’s important to stay informed about any developments and decisions made by the Board of Directors, as they can have lasting effects on shareholder value and the overall direction of the company.

How will this affect the world?

While mergers and acquisitions may seem like internal matters for the companies involved, they can actually have ripple effects that extend to the wider business world. A successful merger between 180 Capital Corp and Source Capital could potentially create a stronger, more competitive entity that impacts the market and industry as a whole.

Conclusion

In conclusion, the call for 180 Capital Corp’s Board of Directors to engage with Source Capital is a significant development that could have far-reaching implications for shareholders and the broader business landscape. It will be interesting to see how this situation unfolds and what decisions are ultimately made to maximize shareholder value and drive future growth.