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B. Riley Raises WhiteHorse Finance Rating to Buy on Review Upside
A committee is weighing strategic alternatives as WhiteHorse keeps share repurchases paused. Management is not discussing the process.

B. Riley raised its rating on WhiteHorse Finance to Buy, pointing to potential upside from the company’s strategic review as a committee weighs a sale or another corporate transaction.
The committee is considering alternatives that could include a sale or another corporate transaction, a review also covered in WhiteHorse’s third-quarter results story. WhiteHorse has paused share repurchases while the review continues. Management is not discussing the process.