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Stock impact report

Dorian LPG gets improved takeover offer from BW LPG [Seeking Alpha]

Dorian LPG Ltd. (LPG) 
Last dorian lpg ltd. earnings: 8/7 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Dorian LPG gets improved takeover offer from BW LPGBW LPG (OTCPK:BWLLF) says it hasincreased its all-stock proposal to acquire Dorian LPG (NYSE:LPG), offering Dorian shareholders 2.12 BW shares for each Dorian share.BW says the revised proposal values Dorian at of $8.67/share for Dorian, which would value the company at $479M, represents a 25% premium to LPG's closing share price on the last trading day prior to the announcement of BW LPG’s initial proposal.BW also says it plans to nominate candidates for Dorian’s board at the latter's upcoming annual meeting.Click to subscribe to real-time analytics on BWLLFNow read:Dorian Merger: We Like - With Caveats »Subscribefor full text news in your inbox Show less Read more
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