In a historic move within the dry bulk shipping industry, Star Bulk Carriers, a global shipping company, has successfully merged with Eagle Bulk Shipping, strengthening its position as the worldwide leader in dry bulk shipping.
Star Bulk and Eagle Bulk officially merged on April 9, 2024, in an all-stock deal.
According to the merger agreement, each Eagle shareholder got 2.6211 shares of Star Bulk common stock for every share of Eagle common stock owned.
As a...