Privately owned Saltchuk Resources has agreed to take over the New York-listed operator of Jones Act tankers and oil tug barges, Overseas Shipholding Group (OSG). The deal gives OSG an aggregate equity value of about $653m and a total transaction value of $950m. Saltchuk will acquire all...
https://splash247.com/saltchuk-resources-to-take-over-overseas-shipholding-group/