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.
Open the SBLK Page at The Online Investor »
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
Strong Buy (4.00 out of 4)
100th percentile
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