“Don’t Give Up the Ship” – Marathon Acquisition Restructures Deal

This morning Marathon Acquisition Corp. (“MAQ”) announced amendments to its Agreement and Plan for Merger for its previously announced merger with Global Ship Lease Inc. (“GSL”), a subsidiary of CMA CGM.  In order to allow enough time for the shareholders to consider these changes, the special meeting of the shareholders has been deferred to August 12th.  As one might expect, the sponsor and GSL have taken haircuts in order to

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