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WhiteHorse Finance forms special committee to review strategic alternatives

The Motley Fool +1 · ·by G4L

WHF
WHF WhiteHorse Finance Inc
$8.10 -3.46%
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  1. 1The WhiteHorse Finance board of directors has formed a special committee to review strategic alternatives, including a potential sale.
  2. 2WhiteHorse Finance reported a net asset value (NAV) per share of $11.82 at the end of the third quarter.
  3. 3Accrued interest represented 2% of WhiteHorse Finance's fair value assessed debt portfolio in the third quarter.

So what's the key point?

WhiteHorse Finance has created a special group to consider various options, such as selling the company. This is an important step in deciding the company's future while its net asset value per share stands at $11.82.

Source The Motley Fool +1 · View original ↗

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