Angeliki Frangou made big news in late August when Navios Maritime Partners acquired another of her public companies, Navios Maritime Acquisition, in an all-stock deal.
It was not just that Frangou had created the largest US-listed company by vessel count. Nor that she had bailed out Navios Acquisition, paying $397.5m in mortgage notes approaching their maturity. Rather, it was also her rationale for the deal.
