As promised, Teekay Offshore has hired two outside advisors to evaluate Brookfield Business Partner's discounted take-private offer.
The New York-traded, Vancouver-based company announced after the close Monday that Evercore Group had been retained to evaluate the financials and Potter Anderson & Corroon as legal counsel.
"These appointed advisors will support the Conflicts Committee in its evaluation of the previously received unsolicited non-binding proposal from Brookfield Business Partners," the company said.