MC Shipping Receives Offers for Shares at $3.00
NEW YORK, May 11 /PRNewswire-FirstCall/ -- MC Shipping Inc. said it has
received an offer to acquire 100% of its issued and outstanding common stock at
a price of US$3.00 per share from Burke Investments LLC, a firm based in
Stamford, CT.
The offer will remain open until 5:00pm EDST, May 20, 2004.
An extraordinary meeting of the Board of Directors has been called to examine
the proposal and make a recommendation to its shareholders. DATASOURCE: MC Shipping Inc.
CONTACT: Guy Morel, +011-377-9205-1011, or Peter Shaerf, +1-646-623-5333, , both for MC Shipping Inc. |