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Knightsbridge Shipping, Golden Ocean to Merge 2014-10-07 21:55:36.407 GMT
By Jim Silver Oct. 7 (Bloomberg) -- Golden Ocean holders to receive 0.13749 Knightsbridge shr for every Golden Ocean shr, Knightsbridge says in statement. * Knightsbridge to issue 61.5m shrs * Current mgmt of Golden Ocean will manage the combined co. * Merger subject to 75% support by cos.’ shareholders, with EGMs in Dec., Jan.; transaction seen closing soon after
Link to Statement:NSN ND3GG33PR6RT <GO> Link to Company News:GOGL NO <Equity> CN <GO> Link to Company News:VLCCF US <Equity> CN <GO>
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To contact the editor responsible for this story: Jim Silver at +1-212-617-7342 or jsilver@bloomberg.net