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What Do They Know? – Teekay Tankers Follow-on

Back in the US, Teekay Tankers on Tuesday announced the sale of 15 million shares in a follow-on offering including a green shoe of 2.25 million shares. The timing was curious. The shipping markets are appalling although the dry market has overtaken the wet side on the downside.

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Written by: | Categories: Freshly Minted, The Week in Review | February 9th, 2012 |

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