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Done Deal?

We have heard rumors recently that US Shipping Partners LP has reached agreement with Blackstone and Cerebrus with respect to the joint venture USS Products Investor LLC. We understand that in exchange for a cash payment Blackstone and Cerebrus have assumed control of the entity and have replaced USS LP as the manager. Details are meager

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Written by: | Categories: Freshly Minted, The Week in Review | July 2nd, 2009 |

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