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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Apr. 19, 8:30 AM

Slide #63. Star Bulk Carriers Corp. Eagle Bulk Shipping Inc.

Acquirer: Star Bulk Carriers Corp. (NASDAQ:SBLK)
Acquiree: Eagle Bulk Shipping Inc.
Details: Star Bulk Carriers Corp. ("Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that it has completed its merger with Eagle Bulk Shipping Inc. ("Eagle").

Star Bulk Carriers is a holding company. Through its subsidiaries, Co. owns and operates a fleet of dry bulk carrier vessels. Co.'s vessels transport a range of bulk commodities, including iron ore, minerals and grain, bauxite, fertilizers and steel products, along worldwide shipping routes. Each of Co.'s vessels are equipped with a vessel remote monitoring system that provides data to monitor fuel and lubricant consumption and efficiency on a real-time basis. Co. conducts a portion of the commercial and technical management of its vessels in-house through its subsidiaries, Star Bulk Management Inc., Star Bulk Shipmanagement Company (Cyprus) Limited and Starbulk S.A.

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Company Name:  Star Bulk Carriers Corp
Stock buyback:  SBLK buyback
Website:  www.starbulk.com
Sector:  Shipping
Number of ETFs Holding SBLK:  8
Total Market Value Held by ETFs:  $16.47M
Total Market Capitalization:  $2.24B
% of Market Cap. Held by ETFs:  0.74%
 

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April 19, 2024    8:30 AM Eastern
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