Brief: Overseas Shipholding Group Enters Into A Definitive Agreement To Be Acquired By Saltchuk Resources, Inc.

Octave Specialty

20/05/2024 13:27

Overseas Shipholding Group Inc  OSG.N :
    * OVERSEAS SHIPHOLDING GROUP ENTERS INTO A DEFINITIVE
AGREEMENT TO
BE ACQUIRED BY SALTCHUK RESOURCES, INC.
    * OVERSEAS SHIPHOLDING GROUP INC - PURCHASE PRICE OF $8.50
PER
SHARE IN CASH
    * OVERSEAS SHIPHOLDING GROUP INC: PURCHASE PRICE OF $8.50
PER
SHARE IN CASH
    * OVERSEAS SHIPHOLDING GROUP INC - TRANSACTION VALUED AT
$950
MILLION
    * OVERSEAS SHIPHOLDING GROUP INC: TRANSACTION VALUED AT $950
MILLION
    * OVERSEAS SHIPHOLDING GROUP INC: PROPOSED DEAL FOR
AGGREGATE
EQUITY VALUE OF APPROXIMATELY $653 MILLION
    * OVERSEAS SHIPHOLDING: DEAL WILL BE FUNDED THROUGH
COMMITTED DEBT
FINANCING AND CASH ON HAND

Source text for Eikon:  ID:nBw6td5fha 
Further company coverage:  OSG.N