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InsideArbitrage Potential Deal Alert: Overseas Shipholding Group (OSG) Confirms Receipt of Unsolicited Indication of Interest

  • January 29, 2024


StockOverseas Shipholding Group, Inc.SymbolOSG
Date Announced01/29/2024Source Press Release
TypeUnsolicited BidAcquiring Company/Person Saltchuk Resources

Overseas Shipholding Group (OSG), a leading provider of liquid bulk transportation services confirmed that OSG’s Board of Directors received an unsolicited non-binding indication of interest from Saltchuk Resources for $6.25 per share in cash.

Overseas Shipholding Group Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.