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PSHG / Performance Shipping: George Economou's Hostile Takeover Offer Unlikely To Succeed - Hold

Performance Shipping: George Economou's Hostile Takeover Offer Unlikely To Succeed - Hold
Greek shipping magnate George Economou increases his recent efforts to gain control of Performance Shipping. After commencing a proxy battle last month, Mr. Economou launched a cash tender offer to acquire all of the company's outstanding common stock at a price of $3.00 per share. However, the offer is highly conditional and essentially requires the company to hand over control to Mr. Economou rather than defending against the unsolicited approach. Read More
Posted: Oct 12 2023, 08:40
Author Name: Seeking Alpha
Views: 111215

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Performance Shipping: George Economou's Hostile Takeover Offer Unlikely To Succeed - Hold

By Seeking Alpha
October 12, 2023

Performance Shipping: George Economou's Hostile Takeover Offer Unlikely To Succeed - Hold

Greek shipping magnate George Economou increases his recent efforts to gain control of Performance Shipping. After commencing a proxy battle last mont more_horizontal

Performance Shipping: Great Fundamentals Held Down By Shareholder Dilution

By Seeking Alpha
June 28, 2023

Performance Shipping: Great Fundamentals Held Down By Shareholder Dilution

Greece-based tanker operator has raised $37.7 million over the past 13 months from relentlessly diluting common shareholders well below net asset valu more_horizontal

Performance Shipping Inc. Announces Date for Its 2023 Annual General Meeting of Shareholders

By GlobeNewsWire
January 13, 2023

Performance Shipping Inc. Announces Date for Its 2023 Annual General Meeting of Shareholders

ATHENS, Greece, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company more_horizontal

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

By GlobeNewsWire
January 21, 2022

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializin more_horizontal

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

By GlobeNewsWire
January 21, 2022

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializin more_horizontal

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

By GlobeNewsWire
January 21, 2022

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializin more_horizontal


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