Eagle Bulk Shipping will hold a shareholder vote on 5 April on whether it will be merged into a US-listed dry cargo titan.
The Connecticut shipowner filed papers with the US Securities & Exchange Commission on Monday setting the date for the vote on the merger deal with Greece’s Star Bulk Carriers.
Petros Pappas-led Star Bulk announced in December that it had swooped in to buy Eagle Bulk in a $500m deal that will swell the Athens outfit to 169 bulkers and a market capitalisation of around $2.1bn.
