OSG - SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Overseas Shipholding Group | Benzinga
SAN DIEGO, May 21, 2024 (GLOBE NEWSWIRE) --
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Overseas Shipholding Group, Inc. (NYSE:OSG) breached their fiduciary duties in connection with the proposed sale of the Company to Saltchuk Resources, Inc.
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On May 20, 2024, Overseas Shipholding announced that it had entered a deal to merge with Saltchuk Resources, Inc. Under the terms of the deal, Overseas Shipholding shareholders will receive ...