SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Garrison Capital Inc. (NasdaqGS – GARS)

BALA CYNWYD – June 30, 2020 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Garrison Capital Inc. (“Garrison Capital” or the “Company”) (NasdaqGS – GARS)  for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to merge with Portman Ridge Finance Corporation, a business development company managed by Sierra Crest Investment Management LLC. Under the terms of the agreement, Garrison Capital shareholders will receive approximately $1.50 in cash plus a to be determined number of shares Portman Ridge Finance Corporation (based on the net asset value of Garrison Capital) in exchange for each Garrison Capital share they own.

The investigation concerns whether the Garrison Capital Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Portman Ridge Finance Corporation is underpaying for the Company. For example, the deal price is well below the Company’s 52-week high of $7.21 per share.

If you own shares of Garrison Capital stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or call toll free 877-534-2590.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.