Value Investor’s Edge founder J Mintzmyer wants it understood that he is no longer a shareholder in US-flagged tanker player Overseas Shipholding Group.
But as a researcher and investor with significant insight into the Tampa, Florida-based company, he is not insulted by the $6.25-per-share cash offer that private Saltchuk Resources has placed on OSG’s boardroom table.
That is progress, at least, as Saltchuk makes another run at OSG after an aborted attempt in a weaker 2021 market.
