Privately owned Saltchuk Resources is renewing its attempts to acquire and take private New York-listed Overseas Shipholding Group, a major player in the US-flag tanker and tank-barge business.
The group, based in Seattle, Washington, is floating an offer to buy all the shares it does not own at $6.25 per share, which represents a 5.9% premium over Friday’s closing price of $5.90
