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Stock impact report

Star Bulk Completes Merger With Eagle Bulk [Yahoo! Finance]

Eagle Bulk Shipping Inc. (EGLE) 
Last eagle bulk shipping inc. earnings: 3/4 05:16 pm Check Earnings Report
US:NASDAQ Investor Relations: eagleships.com/investor-relations
Company Research Source: Yahoo! Finance
transportation of dry bulk cargoes, today announced that it has completed its merger with Eagle Bulk Shipping Inc. (“Eagle”). Under the terms of the merger agreement, each Eagle shareholder received 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned. Eagle common stock has ceased trading and will no longer be listed on the New York Stock Exchange. Petros Pappas, Chief Executive Officer of Star Bulk, said, “This is an exciting day for Star Bulk as we bring together our companies and create a global leader in dry bulk shipping. We are moving forward with greater scale, a stronger financial profile and unique technical and commercial capabilities to grow our business, better serve our customers and deliver sustainable value for our shareholders.” Board and Leadership Team Appointments In connection with the closing of the merger, Gary Weston has joined the Star Bulk Board of Directors, Bo Westergaard has joined Star Bulk's new leadership team and C Show less Read more
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