Privately held, Seattle-headquartered Saltchuk Resources Inc. has made a new offer to acquire NYSE-listed tanker and ATB operator Overseas Shipholding Group Inc. (OSG). Saltchuk, which is OSG’s largest shareholder, made an earlier offer to acquire the rest of OSG in June 2021 but suspended those discussions that September, citing pandemic-related market uncertainties.
Today, OSG confirmed that its board of directors had received an unsolicited non-binding indication of interest from Saltchuk for...
https://www.marinelog.com/legal/shipping/saltchuk-makes-a-new-offer-for-osg/