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Ikena Oncology Approves Merger with Inmagene Biopharmaceuticals
ByAinvest
Tuesday, Jul 15, 2025 4:17 pm ET1min read
Portman Ridge Finance Corporation has closed its merger with Logan Ridge Finance Corporation, creating a combined company with total assets exceeding $600 million. The merged entity will rebrand as BCP Investment Corporation and focus on delivering compelling risk-adjusted returns for shareholders. The merger also includes initiatives such as transitioning to monthly base distributions in 2026 and potentially purchasing up to 20% of the outstanding common stock over the next two years.
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