NNA - Navios Maritime Holdings Inc: Preferred Tender Offer Price Increase Analysis
Navios Maritime Holdings, Inc. (NM) is a financially troubled microcap that is extremely risky as an investment or trade. It is the parent company of Navios Maritime Partners (NMM), Navios Maritime Acquisition (NNA), Navios Maritime Containers LP (NMCI) and Navios South American Logistics (NSAL), a privately held company. Prior articles analyzing NM are available here and are a must-read primer to understand the following analysis. Navios has an outstanding Tender Offer for its Series G (NM.PG) and H (NM.PH) Preferred Stocks. The Tender Offer is