Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout

Links

CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

Going Dark – B+H and U-Sea Bulk Seek Privacy

Reflecting the lack of interest in its shares, B+H Ocean Carriers Ltd. announced his week that its shareholders had approved a 101 for 1 reverse stock split and the decision to delist the shares from the Amex. The latter step will generate substantial savings, estimated to be in the range of 20% of G&A, as the company will soon discontinue it filings with the SEC. After the de-listing the shares will be tradable on the over-the-counter market. We will miss the B+H brand which dates back to our entry in the business in the early 1980s.

This is only an excerpt of Going Dark – B+H and U-Sea Bulk Seek Privacy

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login

Username
Password
 


Related Archive Files


Written by: | Categories: Freshly Minted, The Week in Review | December 1st, 2011 |

Tags: · , ,

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.