Navios Maritime Acquisition to merge with Navios Maritime Midstream Partners [Seeking Alpha]
Navios Maritime Acquisition Corporation Common stock (NNA)
Last navios maritime acquisition corporation common stock earnings: 11/7 08:00 am
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US:NYSE Investor Relations:
navios.com/events/default.asp
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Source: Seeking Alpha
Navios Maritime Acquisition ( NNA ) agrees to merge with Navios Maritime Midstream Partners ( NAP ). Under the transaction, each Navios Midstream unitholder will receive 6.292 newly issued Navios Acquisition share; or 1.0 share of a newly issued preferred stock of Navios Acquisition convertible into 5.1 shares. The transaction reflects a 9.2% premium (based on closing prices on October 5, 2018) Navios Acquisition also announces 1-for-15 reverse stock split will be effected before the closing of the transaction that is expected to complete by December 2018 Click to subscribe to real-time analytics on NAP Now read: 80 Top 10%+ Yield WallStars For October 2019 From Dividend Dogcatcher » Subscribe for full text news in your inbox
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