Major shareholder laments Eagle Bulk's purchase of own shares
The dry bulk carrier’s decision to buy out the private equity fund Oaktree and implement a so-called poison pill angers Greek major shareholder Danaos.
Eagle Bulk’s repurchase of shares from private equity fund Oaktree, which is thus out of the US-based shipping company, goes against the interests of the remaining shareholders, says the company’s largest shareholder, Greek shipowner Danaos, in an open letter.
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Greek shipowner buys major stake in Eagle Bulk
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